§ 54-4-3-3a

54:4-3.3a. Real property acquired by state, state agency or state authority; exemption during period following acquisition Real property acquired by the State or by a State agency, or by an authority created by the State, shall not be exempt from taxation during the period or periods following such acquisition, as prescribed in this act. L.1971, c. 370, s. 1, eff. Dec. 30, 1971.