New Jersey Statutes
§ 40:37D-15 — Conveyance of governmental real property to authority
New Jersey·Title 40 MUNICIPALITIES AND COUNTIES
15.All counties and municipalities and other governmental subdivisions, authorities, and public departments, agencies and commissions of the State, notwithstanding any contrary provision of law, are authorized to lease, lend, grant or convey to the authority at its request upon terms and conditions as the governing body or other proper authorities of the counties, municipalities and governmental subdivisions, authorities and departments, agencies or commissions of the State deem reasonable and fair and without the necessity for any advertisement, order of court or other action or formality, other than the authorizing ordinance of the governing body of the municipality, the authorizing resolution of the governing body of the county, or the regular and formal action of any public body conce
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Nearby Sections
15
§ 40:37D-1
Short title§ 40:37D-13
Pledge of State§ 40:37D-17
Annual report to Local Finance Board§ 40:37D-2
Findings, declarations§ 40:37D-3
Definitions§ 40:37D-5
Powers of authority, general