12:3-12.3 Rules, regulations setting forth fees; minimum term of conveyance.
72 words·~1 min read·
/nj/title-12/chapter-3/12-3-12-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
3. The Tidelands Resource Council shall, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), adopt rules and regulations setting forth all fees imposed by the council, but shall not be required to publish as a rule or regulation any formula or method used to determine the fair market value of a lease, license or grant. All leases and licenses shall be conveyed for a minimum of seven years.
L.1997,c.239,s.3.