The governing body of a local unit may by resolution or ordinance, as the case may be, permit the owner of real estate upon which an assessment for an improvement has been made to pay the assessment in installments pursuant to the procedures contained in R.S. 40:56-35.
N.J. Stat. Ann. § 40A:27-13
Payment of assessment in installments by owner of assessed real estate
Known as the Municipal and County Flood Control Financing Act
The act spans §§ 40A:27-1 to 40A:27-9 (22 sections).
Source: C. 40:23-41 (P.L. 1977, c. 333, s. 8)
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.