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Section 48:23-26 - Disposition of transferred assets.

NJ Rev Stat § 48:23-26 (2019) (N/A)
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48:23-26 Disposition of transferred assets.

9. Public broadcasting system assets transferred, or authorized to be transferred, by contract or otherwise, pursuant to P.L.2010, c.104 (C.48:23-18 et al.), may be leased, subleased, licensed, sublicensed, sold, devised, donated, or otherwise disposed of for a nominal or other consideration, in order to effectuate the transfer of the State's public broadcasting system to a nonprofit corporation or other entity eligible to operate a public broadcasting system required by P.L.2010, c.104.

L.2010, c.104, s.9.

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