54:4-112 - Conditions precedent to compromise settlement
54:4-112.Ā Conditions precedent to compromise settlement
No such compromise settlement or adjustment shall be made unless the governing body shall be satisfied either that the property to be conveyed couldĀ not readily be sold at a price sufficient to pay and satisfy the amount of suchĀ municipal charges or that said municipal charges are illegal in whole or inĀ part, or unless the proceedings taken to levy or enforce the same are atĀ variance with the laws of this state in such case made and provided.
No such compromise settlement or adjustment shall be made unless the governing body shall be satisfied either that the property to be conveyed couldĀ not readily be sold at a price sufficient to pay and satisfy the amount of suchĀ municipal charges or that said municipal charges are illegal in whole or inĀ part, or unless the proceedings taken to levy or enforce the same are atĀ variance with the laws of this state in such case made and provided.