Current through L. 2024, c. 87.
Section 40A:26B-12 - Acquisitions relative to stormwater utilitya. A county, municipality, or authority that establishes a stormwater utility pursuant to P.L. 2019, c. 42(C.40A:26B-1 et al.) may acquire by gift, grant, purchase, or condemnation, or in any other lawful manner, any privately-owned stormwater management system, or any real property necessary for the construction, improvement, operation, or maintenance of a stormwater management system.b. If a county, municipality, or authority requires any payment as a condition of, or in connection with, assuming ownership, operation, or maintenance of any privately-owned stormwater management system, the payment shall not exceed the costs attributable to the ownership, operation, or maintenance of that stormwater management system.Added by L. 2019, c. 42, s. 12, eff. 9/14/2019.