12:11A-21. Lease agreement with private marine terminal operator; maintenance and repair
88 words·~1 min read·
/nj/title-12/chapter-11a/12-11a-21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Whenever, in its uncontrolled discretion, the corporation shall decide to enter into a lease agreement or agreements with any private marine terminal operator or operators for the purpose of operating any of the marine terminals established, acquired, constructed, rehabilitated, improved, operated, owned or maintained by the corporation, the corporation shall include in such agreement or agreements provisions for the maintenance and keeping in good condition and repair any marine terminal which is the subject of said agreement or agreements.
L.1968, c. 60, s. 21, eff. June 13, 1968.