New Jersey § 40a:12a-79
Full text of New Jersey New Jersey Statutes § 40a:12a-79, with citation guidance and answers to common questions.
§ 40a:12a-79.
Pursuant to the land banking agreement or any subsequent amendment thereto, the land
bank entity may be designated by the municipality to: a. acquire properties on its behalf through contribution, gift, grant, bequest, purchase
or otherwise, whether or not the property is located in an area designated as a redevelopment
area or an area in need of rehabilitation; and b. act as its agent, or in place of its municipal officer, with respect to acquisition
of property, including but not limited to purchase of tax and other liens, foreclosure
of tax and other liens, and individual abandoned property takings pursuant to paragraph
(2) of subsection c. of section 37 of the “New Jersey Urban Redevelopment Act,” P.L.1996, c. 62 ( C.55:19-56 ) on behalf of the municipality and to acquire and hold in trust such properties on
behalf of the municipality; provided, however, that nothing in this section shall
authorize the use of eminent domain beyond that use already permitted by law.
Frequently Asked Questions About New Jersey § 40a:12a-79
What does New Jersey Statutes § 40a:12a-79 cover?
Section 40a:12a-79 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 40a:12a-79?
A common citation format is "New Jersey Statutes § 40a:12a-79" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 40a:12a-79 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.