N.J. Admin. Code § 16:56-8.2

Current through Register Vol. 57, No. 1, January 6, 2025

Section 16:56-8.2 - Penalties

(a) If a recipient fails to comply with the terms of the agreement before the end of the useful life of an improvement or the completion of a program, the State shall be reimbursed for the unused portion of the useful life and, if not fully reimbursed, the State will have a first lien to the extent of the unreimbursed portion of the improvement or the program.

(b) Any person who knowingly or willfully makes a misrepresentation or false statement in an application or violates the provisions of this chapter may be subject to the fines and penalties as provided by Title 6 of the Revised Statutes.

Recodified in part from N.J.A.C. 16:56-5.6 and amended by R.2014 d.055, effective 4/7/2014.
See: 45 N.J.R. 2191(a), 46 N.J.R. 638(a).
Section was "Liability and penalties". Recodified former N.J.A.C. 16:56-5.6(b) and (c) as (a) and (b).