Statutes, codes, and regulations
New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRSChapter 31 - LOCAL AUTHORITIES
Subchapter 2 - BUDGETS
Section 5:31-2.18 - Prohibition on authorities amending operational leases to become lease-purchase agreements

N.J. Admin. Code § 5:31-2.18

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Current through Register Vol. 56, No. 11, June 3, 2024
Section 5:31-2.18 - Prohibition on authorities amending operational leases to become lease-purchase agreements

No authority may amend an operational lease agreement after its execution to become a lease-purchase agreement.

N.J. Admin. Code § 5:31-2.18

New Rule, R.2021 d.006, effective 1/4/2021.
See: 52 N.J.R. 1489(a), 53 N.J.R. 53(a).