{"data":{"id":"us-nj/n.j.-stat.-4-13-28","jurisdiction":"us-nj","citation":"N.J. Stat. § 4:13-28","heading":"Liquidated damages for failure of member to perform","body":"The by-laws or contract may fix specific sums, in amounts fairly related to  the actual damages ordinarily suffered in like circumstances, to be paid to the  association as liquidated damages by a member who shall fail to perform any  obligation to the association imposed upon him by the certificate of  incorporation, the by-laws or a contract between him and the association. Such  provision shall be valid and enforceable in an action brought by the association against a member.\nAmended by L.1966, c. 286, s. 25.","path":["TITLE 4 AGRICULTURE AND DOMESTIC ANIMALS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"669f3b7ba9522719d27eb55fb84161ae42d425d7e5e0c6bfa6985cd003d9a418","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-4-13-27","next":"us-nj/n.j.-stat.-4-13-29"},"notice":"GroundRules: Original legal text. Not legal advice."}