New Jersey Statutes 4:12-17. Grounds for refusal or revocation of license
Terms Used In New Jersey Statutes 4:12-17
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
a. Where a money judgment has been secured by any milk producer and has been entered against the applicant or licensee and remains unsatisfied of record;
b. Where there has been a failure to make prompt settlement with persons from whom he buys milk;
c. Where there have been combinations to fix prices;
d. Where there has been a continual course of dealing of such nature as to satisfy the secretary of the inability of the applicant or licensee to conduct the business properly or of an intent to deceive or defraud creditors;
e. Where there has been a continued and persistent failure to keep records required by the secretary or by law; or where there is a refusal on the part of the licensee to produce books, accounts or records of transactions in the carrying on of the business for which his license was granted;
f. Where there has been a continued and persistent failure to prepare and deliver any statements or to post any schedules required by law to be prepared and delivered or posted.
Amended by L.1949, c. 249, p. 803, s. 7.