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New Jersey Statutes, Title: 13, CONSERVATION AND DEVELOPMENT--PARKS AND RESERVATIONS
Chapter 1b: Commissioner of Conservation and Economic Development; appointment; term; salary
Section: 13:1b-15.116: Trust restrictions.
9. The trust may not acquire, hold, receive or accept any moneys or other property, real or personal, tangible or intangible, which will result in the incurrence of any financial obligations on the part of the State of New Jersey which cannot be supported entirely from funds available in the trust without the express approval of the Commissioner of Community Affairs and the Legislature.
L.1967, c.124, s.9; amended 1995, c.217, s.5; 1999, c.152, s.48; 2009, c.288, s.2.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 13:1b-15.116 (if available):
Court decisions that cite this statute:
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