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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: 40:60-25.9: Other property may also be purchased
In order to effect the purchase of the tax exempt property and, with the owner's consent, the extinguishment in perpetuity of the owner's privilege of exemption from local taxation as provided in section one of this act, any municipality purchasing such tax exempt property may also purchase other property of the owner of the tax exempt property whether such other property is located within or without the municipality.
L.1944, c. 206, p. 730, s. 3, eff. April 21, 1944.
This section added to the Rutgers Database: 2012-09-26 13:37:52.
Older versions of 40:60-25.9 (if available):
Court decisions that cite this statute:
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