39:3-6.2.Ā  Authority of director to make arrangements, agreements or declarations
The director shall have the authority to execute or make arrangements, agreements or declarations to carry out the provisions of this act.

The director may enter into an agreement or arrangement with the duly authorized representatives of other jurisdictions, granting to vehicles or to owners of vehicles which are properly registered or licensed in such jurisdictions, and for which evidence of compliance is supplied, benefits, privileges and exemptions from the payment, wholly or partially, of any taxes, fees, or other charges imposed upon such vehicles or owners with respect to theĀ  operation or ownership of such vehicles under the laws of this State. Such anĀ  agreement or arrangement shall provide that vehicles properly registered orĀ  licensed in this State, when operated upon highways of such other jurisdiction,Ā  shall receive exemptions, benefits and privileges of a similar kind or to aĀ  similar degree as are extended to vehicles properly registered or licensed inĀ  such jurisdiction when operated in this State. Each such agreement orĀ  arrangement shall, in the judgment of the director be in the best interest ofĀ  this State and the citizens thereof and shall be fair and equitable to thisĀ  State and the citizens thereof, and all of the same shall be determined on theĀ  basis and recognition of the benefits which accrue to the economy of this StateĀ  from the uninterrupted flow of commerce.

L.1969, c. 119, s. 4, eff. July 1, 1969.
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