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New Jersey Statutes, Title: 43, PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION

    Chapter 15a: Extension to governmental units having no retirement system

      Section: 43:15a-33.6: Payment of costs and expenses by state for operation, maintenance, repair, etc.; capital improvements

           Any rental arrangement or lease to the State for the use of such real property shall provide that all costs and expenses for the operation, maintenance, repair and management of the real property shall be paid for by the State, as tenant, at its sole cost and expense, in addition to the level rental payments; but this shall not preclude the making of enlargements, betterments or other capital improvements on behalf of the fund as a further investment or investments, in like manner and subject to the same requirements and restrictions as are applicable to the initial investment in such real property made under this act.

L.1960, c. 44, p. 179, s. 6.



This section added to the Rutgers Database: 2012-09-26 13:37:53.






Older versions of 43:15a-33.6 (if available):



Court decisions that cite this statute: CLICK HERE.