New Jersey § 13:1l-8
Full text of New Jersey New Jersey Statutes § 13:1l-8, with citation guidance and answers to common questions.
§ 13:1l-8.
a. The foundation shall cause an audit of its books and accounts to be made at least
once in each year by certified public accountants. The cost thereof shall be considered an expense of the foundation, and a copy thereof
shall be filed with the Director of the Division of Budget and Accounting in the Department
of the Treasury. b. The foundation shall prepare and annually submit a report to the Governor, the
commissioner, and, pursuant to section 2 of P.L.1991, c. 164 ( C.52:14-19.1 ), to the Legislature, documenting the foundation's activities during the preceding
year, together with any recommendations or requests the foundation deems appropriate
to further the purposes of the foundation. The report shall include a complete operating and financial statement covering the
operations during the year, a specific short range financing plan for the upcoming
year, and a long range financing plan for the next five years. Within 10 days after the report is submitted to the commissioner pursuant to this
subsection, the commissioner shall post a copy of the report on the department's Internet
website.
Frequently Asked Questions About New Jersey § 13:1l-8
What does New Jersey Statutes § 13:1l-8 cover?
Section 13:1l-8 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 § 13:1l-8?
A common citation format is "New Jersey Statutes § 13:1l-8" (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 § 13:1l-8 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.