New Jersey Lands Excluded from the Operating Agreement For Pre 1989 Agreements

State:
Multi-State
Control #:
US-OG-708
Format:
Word; 
Rich Text
Instant download

Description

This is a paragraph that sets out the Agreement that will be in force should some of the lands covered in the original Agreement no longer be subject to the Agreement, due to the lands being acquired by one or more Parties.

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FAQ

The court noted that generally, the state holds in trust for the public land covered by tidal waters up to the mean high watermark. Several common law principles govern property rights of the upland owner and the state when the shoreline is altered.

The Legislature intends by the passage of this act to exercise the powers of this State to control the transfer and storage of hazardous substances and to provide liability for damage sustained within this State as a result of any discharge of said substances, by requiring the prompt containment and removal of such ...

Claims can be filed by contacting the Environmental Claims Administration (ECA) at (609) 777-0101 and requesting a Spill Fund claim application by mail or by downloading an application from the EGA website at Claims should be filed by Certified Mail Return Receipt ...

Lands and Waters Subject to Public Trust Rights This line has been established for the entire New Jersey coastline. All lands and waters extending seaward of the MHW line are held in trust by the state on behalf of the public. The rights of the public are vested in the state as owner and trustee.

Petroleum and Petroleum Products (Column A) - The tax rate is currently set at $0.023 for each taxable barrel transferred. Other Hazardous Substances (Column B) - The tax shall be 1.53% of the fair market value of the product.

No, New Jersey statutes do not state that LLCs are required to have an operating agreement. However, you'll need an operating agreement for several important tasks, like opening a bank account for your LLC and maintaining limited liability status.

Supreme Court of New Jersey Finds No Statute of Limitations Under The Spill Act. On January 26, 2015, the Supreme Court of New Jersey issued its much awaited decision in Morristown Associates v. Grant Oil Co., et al., __ N.J. __ (2015), rev'g 432 N.J. Super. 287 (App.

In 1976, the New Jersey Legislature enacted the Spill Act, which prohibited the discharge of hazardous substances into the environment and made any person who discharged hazardous substances liable without fault for their cleanup.

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New Jersey Lands Excluded from the Operating Agreement For Pre 1989 Agreements