Acceptance of standardized form

1. Law
2. New Jersey Revised Statutes
3. Municipalities and Counties
4. Acceptance of standardized form

40:55D-53b. Acceptance of standardized form

2. Notwithstanding any ordinance to the contrary, an approving authority shall accept the standardized form for a performance guarantee, maintenance guarantee or letter of credit adopted by regulation by the Department of Community Affairs pursuant to section 1 of P.L.1999, c.68 (C.40:55D-53a) as complying with the provisions of section 41 of P.L.1975, c.291 (C.40:55D-53).

L.1999,c.68,s.2.

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