{"data":{"id":"us-nj/n.j.-stat.-12-3-12.3","jurisdiction":"us-nj","citation":"N.J. Stat. § 12:3-12.3","heading":"Rules, regulations setting forth fees; minimum term of conveyance.","body":"3.  The Tidelands Resource Council shall, pursuant to the \"Administrative Procedure Act,\" P.L.1968, c.410 (C.52:14B-1 et seq.), adopt rules and regulations setting forth all fees imposed by the council, but shall not be required to publish as a rule or regulation any formula or method used to determine the fair market value of a lease, license or grant.  All leases and licenses shall be conveyed for a minimum of seven years.\nL.1997,c.239,s.3.","path":["TITLE 12 COMMERCE AND NAVIGATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"25d88b508ca1230fe83708f46cc36169247847a242ac144974dd2f99f2037813","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12-3-12.2","next":"us-nj/n.j.-stat.-12-3-13"},"notice":"GroundRules: Original legal text. Not legal advice."}