New Jersey § 54:4-3
Full text of New Jersey New Jersey Statutes § 54:4-3, with citation guidance and answers to common questions.
§ 54:4-3.
All real and personal property used in the work, for the support and for the purposes of one or more bona fide national war veterans' organizations
or posts, or bona fide affiliated associations, whether incorporated or unincorporated,
existing and established on June eighteenth, one thousand nine hundred and thirty-six,
shall be exempt from taxation under this chapter if the legal or beneficial ownership
of such property is in one or more of said organizations, or posts, or affiliated
associations. No property shall lose its exemption or be denied an exemption from taxation under
this section because of the use of the property for an income-producing activity that
is not the organization's primary purpose so long as all net proceeds from that activity
are utilized in furtherance of the primary purpose of the organization or for other
charitable purposes.
Frequently Asked Questions About New Jersey § 54:4-3
What does New Jersey Statutes § 54:4-3 cover?
Section 54:4-3 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 § 54:4-3?
A common citation format is "New Jersey Statutes § 54:4-3" (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 § 54:4-3 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.