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New Jersey Statutes, Title: 13, CONSERVATION AND DEVELOPMENT--PARKS AND RESERVATIONS
Chapter 12: Corporate existence of canal and banking company continued
Section: 13:12-26: Release of lien of bonds on sale of property
The board of conservation and development, in whom is vested the title to the bonds issued by the canal and banking company, shall, upon any sale of any property as authorized by the terms of this chapter, take such action and execute such documents as may be necessary or advisable to procure the release of such property from the lien of the mortgage securing such bonds.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 13:12-26 (if available):
Court decisions that cite this statute:
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