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Current as of February 19, 2021 | Updated by FindLaw Staff
The trust may not acquire, hold, receive or accept any moneys or other property, real or personal, tangible or intangible, which will result in the incurrence of any financial obligations on the part of the State of New Jersey which cannot be supported entirely from funds available in the trust without the express approval of the Commissioner of Community Affairsand the Legislature.
Cite this article: FindLaw.com - New Jersey Statutes Title 13. Conservation and Development Parks and Reservations 13 § 1B-15.116 - last updated February 19, 2021 | https://codes.findlaw.com/nj/title-13-conservation-and-development-parks-and-reservations/nj-st-sect-13-1b-15-116/
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