N.J.S.A. 27:25-21

Purchases in name of commuter operating agency, its predecessors or commissioner of transportation to be property of corporation

27:25-21. Purchases in name of commuter operating agency, its predecessors or commissioner of transportation to be property of corporation All real or personal properties purchased heretofore for public transportation purposes in the name of Commuter Operating Agency, Department of Transportation, its predecessors or the Commissioner of Transportation, shall be deemed to have been purchased in the name of the State by and through the corporation and shall henceforth be deemed to be and shall actually be the property of the corporation. L.1979, c. 150, s. 21, eff. July 17, 1979.

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This is the verbatim text of N.J.S.A. 27:25-21, 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.