12-16,120. Rent control by political subdivisions precluded.

12-16,120

Chapter 12.--CITIES AND MUNICIPALITIES
Article 16.--MISCELLANEOUS PROVISIONS

      12-16,120.   Rent control by political subdivisions precluded. (a) No political subdivision of this state, including but not limited to a county, municipality or township, shall enact, maintain or enforce any ordinance or resolution that would have the effect of controlling the amount of rent charged for leasing private residential or commercial property.

      (b)   This section shall not impair the right of any local unit of government to manage and control residential property in which such local unit of government has a property interest.

      History:   L. 2001, ch. 134, § 2; July 1.