New Jersey Code § 40:60-25.56

Consideration for conveyance to board of education
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40:60-25.56. Consideration for conveyance to board of education
The governing body may convey such lands to the board of education of the school district for such nominal or other consideration as shall be agreed upon between the governing body and the board of education.
L.1966, c. 298, s. 3.

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