72-P - Lease of real property by a municipality.

* §  72-p.  Lease  of real property by a municipality. Notwithstanding  any provision of any general, special or local law or  of  any  charter,  whenever  a  municipal  corporation enters into a lease of real property  the lease agreement shall provide that the tenant  may  not  assign  the  lease  to  a  third  party  unless  such  assignment  is approved by the  municipal corporation. A municipal corporation may not  arbitrarily  and  capriciously withhold its approval of such assignment. The provisions of  this section shall not apply to the leases of real property to municipal  or public corporations.    * NB There are two § 72-p's