Section 12:3-49 - Re-entry under covenant by board on behalf of state when rent unpaid

NJ Rev Stat § 12:3-49 (2019) (N/A)
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12:3-49. Re-entry under covenant by board on behalf of state when rent unpaid

Where a riparian lease, the rentals of which are unpaid for the space of one year, contains a covenant or condition that upon nonpayment of the yearly rent or sum reserved at the time or times fixed for the payment thereof, the state may re-enter and possess the lands described in the lease, the board may enter upon said lands, and in the name and on behalf of the state, take possession thereof.