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N.J. Stat. Ann. § 12:7C-15

Costs of receiving title

Known as the Abandoned or Sunken Vessels Disposition Law

The act spans §§ 12:7C-1 to 12:7C-9.1 (21 sections).

L.1975, c.369, s.9; amended 2008, c.52, s.12.

9. All costs incurred in receiving title to a vessel under P.L.1975, c.369 (C.12:7C-7 et seq.) shall be borne by the applicant. In the case of an applicant that is a municipality or a harbor commission, the applicant may recover all costs incurred in receiving title to an abandoned vessel from the previous owner of the vessel in the same manner as the recovery of the removal or destruction costs authorized under subsection a. of section 10 of P.L.1975, c.369 (C.12:7C-16).

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.