New Jersey § 12:7-34
Full text of New Jersey New Jersey Statutes § 12:7-34, with citation guidance and answers to common questions.
§ 12:7-34.
(a) Except as provided in subsection (b) hereof, the owner of every power vessel required
to be numbered pursuant to this act shall and the owner of every documented power
vessel of 500 gross tons or less which is based within this State may annually apply
to the division for a tax exemption certificate for the power vessel and pay the fee for such certificate in this act prescribed, which fee
shall be in lieu of any assessment or personal property tax imposed by the laws of
this State; (b) The owners of power vessels used solely for their pleasure and recreation shall
not be subject to the requirements of subsection (a) hereof and need not apply for
a tax exemption certificate.
Frequently Asked Questions About New Jersey § 12:7-34
What does New Jersey Statutes § 12:7-34 cover?
Section 12:7-34 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12:7-34?
A common citation format is "New Jersey Statutes § 12:7-34" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12:7-34 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.