New Jersey § 43:15A-33.6 Payment of costs and expenses by state for operation, maintenance, repair, etc.;  capital improvements

New Jersey Statutes

§ 43:15A-33.6 — Payment of costs and expenses by state for operation, maintenance, repair, etc.; capital improvements

New Jersey § 43:15A-33.6

Title 43PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION

This text of New Jersey § 43:15A-33.6 (Payment of costs and expenses by state for operation, maintenance, repair, etc.; capital improvements) 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. § 43:15A-33.6 (2026).

Text

Any rental arrangement or lease to the State for the use of such real property shall provide that all costs and expenses for the operation, maintenance, repair and management of the real property shall be paid for by the State, as tenant, at its sole cost and expense, in addition to the level rental payments; but this shall not preclude the making of enlargements, betterments or other capital improvements on behalf of the fund as a further investment or investments, in like manner and subject to the same requirements and restrictions as are applicable to the initial investment in such real property made under this act. L.1960, c. 44, p. 179, s. 6.

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Any rental arrangement or lease to the State for the use of such real property shall provide that all costs and expenses for the operation, maintenance, repair and management of the real property shall be paid for by the State, as tenant, at its sole cost and expense, in addition to the level rental payments; but this shall not preclude the making of enlargements, betterments or other capital improvements on behalf of the fund as a further investment or investments, in like manner and subject to the same requirements and restrictions as are applicable to the initial investment in such real property made under this act. L.1960, c. 44, p. 179, s. 6.