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New Jersey Statutes - Title 13 Conservation and Development--parks and Reservations - 13:1B-13.13 Disposition of net proceeds from sale, lease or transfer of state's interest in meadowlands

Legal Research Home > New Jersey Laws > Conservation and Development Parks and Reservations > New Jersey Statutes - Title 13 Conservation and Development--parks and Reservations - 13:1B-13.13 Disposition of net proceeds from sale, lease or transfer of state's interest in meadowlands

13:1B-13.13. Disposition of net proceeds from sale, lease or transfer of state's interest in meadowlands
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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Last modified: February 13, 2012