New Jersey § 34:1b-72
Full text of New Jersey New Jersey Statutes § 34:1b-72, with citation guidance and answers to common questions.
§ 34:1b-72.
As used in this act: “ Certified micro-business development corporation ” means a micro-business development corporation certified pursuant to section 7 of
this act; 1 “ Commissioner ” means the Commissioner of Commerce and Economic Development; “ Department ” means the Department of Commerce and Economic Development; “ Development loan ” means money loaned to a certified micro-business development corporation by the
authority for the purpose of making a micro-business loan pursuant to section 6 of
this act; 2 “ Micro-business development corporation ” means a nonprofit corporation established prior to or after the effective date of
this act, and pursuant to Title 15 of the Revised Statutes, Title 15A of the New Jersey
Statutes, or other law of this State to provide training, technical assistance, and
access to capital for the startup or expansion of qualified micro-businesses; “Micro-business loan” means a loan made from or guaranteed by a revolving loan fund
contributed to by the micro-business assistance program; “ Program ” means the micro-business assistance program established pursuant to section 4 of
this act; and “ Qualified micro-business ” means a business enterprise, which has its principal place of business in this State,
is independently owned and operated as a sole proprietorship, partnership or corporation,
with 20 or fewer employees in full-time positions and with a level of gross income
from operations defined by the authority as a micro-business. 1
N.J.S.A. § 34:1B-76 2
N.J.S.A. § 34:1B-75
Frequently Asked Questions About New Jersey § 34:1b-72
What does New Jersey Statutes § 34:1b-72 cover?
Section 34:1b-72 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-72?
A common citation format is "New Jersey Statutes § 34:1b-72" (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-72 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.