New Jersey § 34:1b-132
Full text of New Jersey New Jersey Statutes § 34:1b-132, with citation guidance and answers to common questions.
§ 34:1b-132.
a. If the business receiving a grant fails to meet or comply with any condition or
requirement set forth in a grant agreement or in rules and regulations of the authority
or the division, the authority may amend the agreement to reduce the amount of the
employment incentive or the term of the grant agreement. The reduction of the employment incentive shall be applicable to the grant year
immediately following the grant year in which the authority amends the agreement. b. If a business fails to maintain employment at the levels stipulated in the agreement
or otherwise fails to comply with any condition of the grant agreement for any two
consecutive years, the authority may terminate the agreement.
Frequently Asked Questions About New Jersey § 34:1b-132
What does New Jersey Statutes § 34:1b-132 cover?
Section 34:1b-132 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 § 34:1b-132?
A common citation format is "New Jersey Statutes § 34:1b-132" (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 § 34:1b-132 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.