{"data":{"id":"us-nj/n.j.-stat.-54-53-15","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:53-15","heading":"Waiver of statute of limitations by taxpayer","body":"No offer in compromise shall be accepted unless the taxpayer waives the running of the statutory period of limitations on both assessment or collection  of the tax liability involved for the period during which the offer is pending,  or the period during which any installment remains unpaid, and for one year  thereafter.\nL.1975, c. 387, s. 15, eff. March 3, 1976.","path":["TITLE 54 TAXATION"],"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":"12b3118445859fcf58e7eb63089ec9698f30be63bdc21fa17f6af4695568384f","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-53-14","next":"us-nj/n.j.-stat.-54-53-16"},"notice":"GroundRules: Original legal text. Not legal advice."}