The receiver, owner, or operator may make a motion to terminate the receivership on grounds that the conditions complained of have been eliminated or remedied. The court may immediately terminate the receivership, or terminate the receivership subject to the terms the court deems necessary or appropriate to prevent the condition complained of from recurring.
N.J. Stat. Ann. § 4:22-50.5
Termination of receivership
Known as the New Jersey Aquaculture Development Act
The act spans §§ 4:10-1 to 4:9-38 (1,329 sections).
L. 1986, c. 89, s. 5, eff
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.