53:1-21.5 - Transfer of title to State owned equipment and facilities - New Jersey Statutes

53:1-21.5.  Transfer of title to State owned equipment and facilities
    The Superintendent of State Police is hereby authorized and empowered to transfer title, on behalf of the State of New Jersey, to any mobile radiotelephone equipment and related facilities now owned by the State of New Jersey to any person, firm, or corporation which contracts to furnish the said service, upon such terms as may be agreed upon by the contractor and the Superintendent of State Police, all subject to the approval of the Attorney-General and the State Treasurer.  The agreed upon purchase price of such equipment and related facilities shall be credited against the service charges during the first 12 months of operation under such contract.

     L.1954, c. 49, s. 5.