Any land acquired by the committee pursuant to the terms of P.L.1989, c.28 (C.4:1C-38 et al.) shall be held of record in the name of the State and shall be offered for sale by the committee with a deed restriction permanently prohibiting nonagricultural development. Land sold with a deed restriction permanently prohibiting nonagricultural development pursuant to this section is exempt from the provisions of section 2 of P.L.1989, c.28 (C.4:1C-39).
N.J. Stat. Ann. § 4:1C-42
Acquired land held in name of State; sale, conditions
Known as the New Jersey Aquaculture Development Act
The act spans §§ 4:10-1 to 4:9-38 (1,329 sections).
L.1989, c.28, s.5; amended 1989,c.310,s.9.
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.