New Jersey § 48:23-21

Full text of New Jersey New Jersey Statutes § 48:23-21, with citation guidance and answers to common questions.

§ 48:23-21.

a. The State Treasurer, in consultation with the authority, shall prepare a complete

written inventory identifying the public broadcasting system's assets and liabilities

appropriate for transfer or sale pursuant to sections 5 and 6 of P.L.2010, c. 104 ( C.48:23-22 and C.48: 23-23). The inventory shall include a description and recommendations, if any, concerning

the most appropriate mechanism or mechanisms through which a transfer of such assets

and liabilities to a qualifying nonprofit corporation or one or more sales to another

entity or entities pursuant to P.L.2010, c. 104 should be accomplished. The inventory shall be completed and copies of the inventory shall be delivered

to the Governor, the Speaker of the General Assembly, and the President of the Senate. b. Any assets or properties owned by the State or any department, agency, board, authority,

or commission thereof or any county or municipal board, commission, or authority used

in the operation of the public broadcasting system or an interest therein, may be

leased or licensed, in lieu of an assignment or transfer of such assets or properties,

except as may otherwise be prohibited or limited by the terms of any debt issued to

acquire such assets or properties, as determined by the State Treasurer.

Frequently Asked Questions About New Jersey § 48:23-21

What does New Jersey Statutes § 48:23-21 cover?

Section 48:23-21 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 § 48:23-21?

A common citation format is "New Jersey Statutes § 48:23-21" (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 § 48:23-21 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.