1054-A - Deposit required where temporary possession is granted in condemnation proceeding.

§  1054-a.  Deposit  required where temporary possession is granted in  condemnation proceeding. Whenever the  authority,  in  any  condemnation  proceeding  for  the acquisition of any property, shall make application  for  temporary  possession  pursuant  to  the  provisions   of   section  twenty-four  of  the  condemnation law, the sum to be fixed by the court  for deposit, as a condition of  granting  such  application,  shall  not  exceed  ten  per  centum  of the assessed valuation of the real property  sought to be acquired in such proceedings  as  such  assessed  valuation  appears  upon  the  last  assessment rolls for county taxes prior to the  commencement of such proceeding.