New Jersey § 18a:62-41
Full text of New Jersey New Jersey Statutes § 18a:62-41, with citation guidance and answers to common questions.
§ 18a:62-41.
In order for an institution or foundation to receive in a fiscal year State matching
funds pursuant to an application therefor under the provisions of this act, the governing
body of the institution or foundation shall provide the State Treasurer with a copy
of the institution's annual independent financial audit, the institution's education
foundation audit, or other financial certification, as deemed appropriate by the Treasurer,
that verifies that the institution has raised the necessary amount through endowment
contributions or donations to qualify for the State matching funds. An institution or foundation receiving State matching funds shall also provide in
each fiscal year the annual average amount of endowment contributions and donations
received in the contribution year and the donation year and in the five previous contribution
and donation years.
Frequently Asked Questions About New Jersey § 18a:62-41
What does New Jersey Statutes § 18a:62-41 cover?
Section 18a:62-41 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 § 18a:62-41?
A common citation format is "New Jersey Statutes § 18a:62-41" (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 § 18a:62-41 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.