18A:26-19 - Effective date; withdrawal - New Jersey Statutes

18A:26-19.  Effective date;  withdrawal
    1.  This agreement shall become effective when enacted into law by 2 States.   Thereafter it shall become effective as to any State upon its enactment of  this agreement.

    2.  Any party State may withdraw from this agreement by enacting a statute repealing the same, but no such withdrawal shall take effect until 1 year after  the Governor of the withdrawing State has given notice in writing of the  withdrawal to the Governors of all other party States.

    3.  No withdrawal shall relieve the withdrawing State of any obligation imposed upon it by a contract to which it is a party.  The duration of contracts and the methods and conditions of withdrawal therefrom shall be those  specified in their terms.

     L.1969, c. 114, s. 1, eff. June 26, 1969.