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New Jersey Statutes, Title: 12, COMMERCE AND NAVIGATION
Chapter 3: Commissioners to make survey and report as to riparian lands, etc.
Section: 12:3-12.3: Rules, regulations setting forth fees; minimum term of conveyance.
3. The Tidelands Resource Council shall, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), adopt rules and regulations setting forth all fees imposed by the council, but shall not be required to publish as a rule or regulation any formula or method used to determine the fair market value of a lease, license or grant. All leases and licenses shall be conveyed for a minimum of seven years.
L.1997,c.239,s.3.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 12:3-12.3 (if available):
Court decisions that cite this statute: CLICK HERE.