Section 48:4-31 - Collection of excise; prior lien

NJ Rev Stat § 48:4-31 (2019) (N/A)
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48:4-31. Collection of excise; prior lien

The excise imposed by section 48:4-20 of this Title, and interest and penalties thereon from the time the same shall be due and payable, shall be a personal debt due from such owner or operator to the State, recoverable in any court of competent jurisdiction in any action at law to be commenced by the Director of the Division of Motor Vehicles on behalf of the State.

Such excise, interest and penalties shall be a first and prior lien upon the assets of such owner or operator and payment thereof shall be preferred in any distribution of the assets of the owner or operator whether in insolvency, bankruptcy or otherwise.

Amended by L.1962, c. 198, s. 80.