New Jersey § 40a:20-6
Full text of New Jersey New Jersey Statutes § 40a:20-6, with citation guidance and answers to common questions.
§ 40a:20-6.
Each urban renewal entity qualifying under this act shall have and may exercise such
of the powers conferred by law on the form of entity selected as shall be necessary
for the operation of the business of the entity and as shall be consistent with the
provisions of this act, and shall have and may exercise the powers set forth in this
act, but only so long as its financial agreement is in effect with the municipality
pursuant to this act. If an urban renewal entity has, with the consent of the municipality in which its
project is located, transferred its project to another urban renewal entity which
has assumed the contractual obligations of the transferor entity with the municipality,
the transferor entity shall be discharged from any further obligation under the financial
agreement, and shall be qualified to undertake another project with the same or a
different municipality.
Frequently Asked Questions About New Jersey § 40a:20-6
What does New Jersey Statutes § 40a:20-6 cover?
Section 40a:20-6 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:20-6?
A common citation format is "New Jersey Statutes § 40a:20-6" (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:20-6 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.