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New Jersey Statutes, Title: 40A, MUNICIPALITIES AND COUNTIES
Chapter 12a:
Section: 40A:12a-77: Agreement with redevelopment entity.
4. a. A municipality may enter into a land banking agreement with a redevelopment entity, and designate the redevelopment entity as its land bank entity.
b. A municipality may enter into a land banking agreement with a non-profit entity so long as the by-laws of the non-profit entity provide that the chief financial officer of the municipality serves on the board of the non-profit entity, ex officio.
L.2019, c.159, s.4.
This section added to the Rutgers Database: 2019-08-13 16:55:09.
Older versions of 40a:12a-77 (if available):
Court decisions that cite this statute:
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