N.J.S.A. 13:1B-13.13 — Disposition of net proceeds from sale, lease or transfer of state's interest in meadowlands

13:1B-13.13. Disposition of net proceeds from sale, lease or transfer of state's interest in meadowlands The net proceeds from the sale, lease or transfer of the State's interest in the meadowlands shall be paid to the Fund for the Support of Free Public Schools established by the Constitution, Article VIII, Section IV, after deducting from the net proceeds any expenditures of the Hackensack Meadowlands Development Commission for reclaiming land within the district. The amount of said deduction for reclamation shall be paid to the Hackensack Meadowland Development Commission. L.1968, c. 404, s. 99.

This is the verbatim text of N.J.S.A. 13:1B-13.13, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.