There is a newer version
of
this Section
2022 New Jersey Revised Statutes
Title 40A - Municipalities and Counties
Section 40A:12A-77 - Agreement with redevelopment entity.
Universal Citation: NJ Rev Stat § 40A:12A-77 (2022)
40A:12A-77 Agreement with redevelopment entity.
4. a. A municipality may enter into a land banking agreement with a redevelopment entity, and designate the redevelopment entity as its land bank entity.
b. A municipality may enter into a land banking agreement with a non-profit entity so long as the by-laws of the non-profit entity provide that the chief financial officer of the municipality serves on the board of the non-profit entity, ex officio.
L.2019, c.159, s.4.
Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
