2016 New Jersey Revised Statutes
Title 15 - Corporations And Associations Not For Profit
Section 15:8-7 - Disposition Of Accumulated Fire Department Fund On Expiration Of Charter

NJ Rev Stat § 15:8-7 (2016) What's This?

15:8-7. Disposition of accumulated fire department fund on expiration of charter
When the volunteer fire department in any city has accumulated or shall accumulate a fire department fund for the benefit of said departments, such funds, on the expiration of the charters of said departments by limitation of law or otherwise, if the department maintains an existence as an exempt fire association, shall revert to and become the property of said exempt association as aforesaid.

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