4:1B-13 - Conveyance of development easement; conditions - New Jersey Statutes

4:1B-13.  Conveyance of development easement;  conditions
    No development easement purchased by the State pursuant to the provisions of  this act shall be sold, given, transferred or otherwise conveyed in any manner  and no lands within the agricultural preserve shall be diverted to a use other  than conservation or recreation without the approval of the Commissioner of  Environmental Protection, the Secretary of Agriculture and the State House  Commission and following a public hearing at least 1 month prior to any such  approvals.  In the case of the conveyance of such development easements, such  approvals shall not be given unless an amount equal to the value of such  development easement, as determined by the State House Commission, shall be  deposited in the State Recreation and Conservation Land Acquisition and  Development Fund created pursuant to P.L.1974, c. 102. Money so returned to  said fund shall be deemed wholly a part of the portion of that fund available  for land acquisition or development by the State pursuant to the provisions of P.L.1974, c. 102 and P.L.1975, c. 155.

     L.1976, c. 50, s. 13, eff. July 22, 1976.