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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES
Chapter 60: Property of certain societies transferred in trust to municipality; purposes
Section: 40:60-40.6: Reconveyance of unneeded lands to nonprofit hospital association
Whenever any municipality shall have acquired any lands for any public use from any duly incorporated nonprofit hospital association and the governing body of such municipality shall thereafter determine that such lands are no longer needed for any municipal or public purpose, such municipality may by resolution of its governing body authorize the sale and conveyance of such lands back to such nonprofit hospital association for such consideration and upon such terms, conditions and limitations as said governing body shall deem advisable.
L.1964, c. 173, s. 1, eff. Aug. 19, 1964.
This section added to the Rutgers Database: 2012-09-26 13:37:52.
Older versions of 40:60-40.6 (if available):
Court decisions that cite this statute:
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