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Section 27:7-19.2 - Execution of agreement for settlement and compromise; compliance within eighteen months

NJ Rev Stat § 27:7-19.2 (2019) (N/A)
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27:7-19.2. Execution of agreement for settlement and compromise; compliance within eighteen months

When the State House Commission shall direct the State Highway Commissioner to settle, compromise and adjust any such claim or claims, the settlement shall be evidenced by an agreement executed by the State Highway Commissioner and such county, municipality or corporation, and such agreement shall be binding upon all of the parties thereto upon its execution, delivery and the making of the payment or payments required; provided, however, that such settlement and agreement shall be void unless the terms thereof are complied with within eighteen months after the delivery of such agreement.

L.1938, c. 258, p. 573, s. 2. Amended by L.1939, c. 10, p. 22, s. 1.

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Section 27:7-19.1 - Claims against county, municipality or corporation; compromise and settlement
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Section 27:7-19.3 - Municipal indebtedness to State for highway or road work or improvement as temporary offset against claim for emergency relief expenditures