New Jersey Statutes
§ 40:37-95.38 — Use of proceeds
New Jersey § 40:37-95.38
JurisdictionNew Jersey
Title 40MUNICIPALITIES AND COUNTIES
This text of New Jersey § 40:37-95.38 (Use of proceeds) 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. § 40:37-95.38 (2026).
Text
The proceeds of the sale of such lands, after payment of the reasonable costs of the sale, shall be set aside by the commission as a capital improvement fund, to be expended by said commission with the concurrence of the board of freeholders for the acquisition, development or improvement of additional lands for park or parkway purposes or for the development or improvement of existing park or parkway lands. L.1956, c. 87, p. 180, s. 3.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 40:37-10.2
Immunity from liability for death, injury§ 40:37-101.3
Adoption of sections 40:37-12, 40:37-14 and 40:37-15 not to be submitted within five years after rejection§ 40:37-101.4
Additional lands; acquisition after lands valued at 35% of tax ratables have been acquired§ 40:37-101.6
Appropriation to municipality in lieu of taxes§ 40:37-102
Surveys and maps of parks; records§ 40:37-103
Condemnation for parks; law applicableCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 40:37-95.38, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/40/40%3A37-95.38.