New Jersey § 12:3-70 Improvements and fixtures and title and goodwill of enterprise to  revert to state

New Jersey Statutes

§ 12:3-70 — Improvements and fixtures and title and goodwill of enterprise to revert to state

New Jersey § 12:3-70

Title 12COMMERCE AND NAVIGATION

This text of New Jersey § 12:3-70 (Improvements and fixtures and title and goodwill of enterprise to revert to state) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 12:3-70 (2026).

Text

At the expiration of the term of the grant or lease the title to all improvements, railways, buildings, docks, wharves, bulkheads, machinery, stock and equipment and all chattels comprising the fixtures located upon such land and premises and then in the operation and maintenance of the enterprise, business or venture conducted on the premises, together with the title and goodwill of the business or enterprise, shall vest in the state. The grant or lease shall contain in detail the mode and manner and subject matter of the transfer to the state.

Free access — add to your briefcase to read the full text and ask questions with AI

At the expiration of the term of the grant or lease the title to all improvements, railways, buildings, docks, wharves, bulkheads, machinery, stock and equipment and all chattels comprising the fixtures located upon such land and premises and then in the operation and maintenance of the enterprise, business or venture conducted on the premises, together with the title and goodwill of the business or enterprise, shall vest in the state. The grant or lease shall contain in detail the mode and manner and subject matter of the transfer to the state.