54:4-3.62 - Continuance of exemption
54:4-3.62. Continuance of exemption
A tax exemption granted pursuant to this act shall be continued in favor of the applicant from year to year without further application as long as the improvement, as shown by periodic inspection by the assessor, is maintained in working order.
L.1967, c. 260, s. 4, eff. Dec. 26, 1967.