Transfer of Title to Authority

2 CMC § 2183 — under Commonwealth Ports Authority.

2 CMC § 2183

TITLE 2: NATURAL RESOURCES

DIVISION 2: PORTS

§ 2183. Transfer of Title to Authority. Within 30 days after October 8, 1981, the Governor or the Marianas Public Land Corporation, or the airport authority, as the case may be, shall transfer to the authority: (a) All items of property used exclusively for the operation of public sea and air ports within the Commonwealth or for operations which are to be assumed by the authority, and all materials and supplies used and useful exclusively in connection with said purposes; (b) All working capital, cash, accounts payable and receivable, deposits, advances payable and receivable, all books, records and documents, and all other rights, obligations, assets, liabilities, agreements, contracts, leases, concessions and all other rights, obligations, and privileges pertaining to the operation of the public sea and air ports within the Commonwealth, and other matters and concerns of the Governor or the airport authority which are to be assumed by the authority, including the assets held by the government in any fund or funds used for the operation, maintenance, and construction of public sea and air ports within the Commonwealth. Source: PL 2-48, § 34.