New Jersey § 18a:75a-15
Full text of New Jersey New Jersey Statutes § 18a:75a-15, with citation guidance and answers to common questions.
§ 18a:75a-15.
a. The Interstate Commission shall pay, or provide for the payment of the reasonable
expenses of its establishment, organization and ongoing activities. b. The Interstate Commission may levy on and collect an annual assessment from each
member state to cover the cost of the operations and activities of the Interstate
Commission and its staff which must be in a total amount sufficient to cover the Interstate
Commission's annual budget as approved each year. The aggregate annual assessment amount shall be allocated based upon a formula to
be determined by the Interstate Commission, which shall promulgate a rule binding
upon all member states. c. The Interstate Commission shall not incur obligations of any kind prior to securing
the funds adequate to meet the same; nor shall the Interstate Commission pledge the
credit of any of the member states, except by and with the authority of the member
state. d. The Interstate Commission shall keep accurate accounts of all receipts and disbursements. The receipts and disbursements of the Interstate Commission shall be subject to
the audit and accounting procedures established under its bylaws. However, all receipts and disbursements of funds handled by the Interstate Commission
shall be audited yearly by a certified or licensed public accountant and the report
of the audit shall be included in and become part of the annual report of the Interstate
Commission.
Frequently Asked Questions About New Jersey § 18a:75a-15
What does New Jersey Statutes § 18a:75a-15 cover?
Section 18a:75a-15 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:75a-15?
A common citation format is "New Jersey Statutes § 18a:75a-15" (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:75a-15 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.