New Jersey § 13:1B-13.13 Disposition of net proceeds from sale, lease or transfer of state's interest in meadowlands

New Jersey Statutes

§ 13:1B-13.13 — Disposition of net proceeds from sale, lease or transfer of state's interest in meadowlands

New Jersey § 13:1B-13.13

Title 13CONSERVATION AND DEVELOPMENT--PARKS AND RESERVATIONS

This text of New Jersey § 13:1B-13.13 (Disposition of net proceeds from sale, lease or transfer of state's interest in meadowlands) 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. § 13:1B-13.13 (2026).

Text

The net proceeds from the sale, lease or transfer of the State's interest in the meadowlands shall be paid to the Fund for the Support of Free Public Schools established by the Constitution, Article VIII, Section IV, after deducting from the net proceeds any expenditures of the Hackensack Meadowlands Development Commission for reclaiming land within the district. The amount of said deduction for reclamation shall be paid to the Hackensack Meadowland Development Commission. L.1968, c. 404, s. 99.

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The net proceeds from the sale, lease or transfer of the State's interest in the meadowlands shall be paid to the Fund for the Support of Free Public Schools established by the Constitution, Article VIII, Section IV, after deducting from the net proceeds any expenditures of the Hackensack Meadowlands Development Commission for reclaiming land within the district. The amount of said deduction for reclamation shall be paid to the Hackensack Meadowland Development Commission. L.1968, c. 404, s. 99.