New Jersey Statutes 13:1B-15.12a8. Acquisition of land by purchase, gift or otherwise
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Terms Used In New Jersey Statutes 13:1B-15.12a8
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
The department is authorized to acquire by purchase, gift, or otherwise any land or any interest therein that will serve to further the purposes of this act and the act to which this act is a supplement.
L.1975, c. 363, s. 9, eff. March 3, 1976.