N.J.S.A. 58:30-8

Contract for long-term lease or sale.

58:30-8 Contract for long-term lease or sale. 8. After the proposed contract and proposed use of proceeds have been approved pursuant to subsection c. of section 7 of P.L.2015, c.18 (C.58:30-7), the governing body of the owner may, by resolution adopted by at least two-thirds of its authorized membership, enter into a contract for the long-term lease or sale of the water or wastewater assets with the designated respondent. L.2015, c.18, s.8.

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This is the verbatim text of N.J.S.A. 58:30-8, 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.

N.J.S.A. 58:30-8 — Contract for long-term lease or sale. | Kyzer