40:60-40.6 - Reconveyance of unneeded lands to nonprofit hospital association - New Jersey Statutes

40:60-40.6.  Reconveyance of unneeded lands to nonprofit hospital association
    Whenever any municipality shall have acquired any lands for any public use from any duly incorporated nonprofit hospital association and the governing body of such municipality shall thereafter determine that such lands are no longer needed for any municipal or public purpose, such municipality may by resolution of its governing body authorize the sale and conveyance of such lands back to such nonprofit hospital association for such consideration and upon such terms, conditions and limitations as said governing body shall deem advisable.

     L.1964, c. 173, s. 1, eff. Aug. 19, 1964.