New Jersey Administrative Code
Title 7 - ENVIRONMENTAL PROTECTION
Chapter 50 - PINELANDS COMPREHENSIVE MANAGEMENT PLAN
Subchapter 5 - MINIMUM STANDARDS FOR LAND USES AND INTENSITIES
Part V - SPECIAL PINELANDS DEVELOPMENT CREDIT PURCHASE PROGRAM
Section 7:50-5.55 - Retirement of Pinelands Development Credits purchased through this program
Universal Citation: NJ Admin Code 7:50-5.55
Current through Register Vol. 56, No. 18, September 16, 2024
All Pinelands Development Credits purchased by the Pinelands Development Credit Bank pursuant to the special program authorized in this Part shall be retired and may never be transferred, sold, conveyed, redeemed or otherwise used in any way. The Pinelands Development Credit Bank shall record the retirement of these Pinelands Development Credits in the registry maintained pursuant to N.J.A.C. 3:42-4.
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