New Jersey § 48:25-5

Full text of New Jersey New Jersey Statutes § 48:25-5, with citation guidance and answers to common questions.

§ 48:25-5.

a. The seller or lessor of an eligible vehicle shall offer the light duty plug-in

electric vehicle incentive established pursuant to section 4 of P.L.2019, c. 362 ( C.48:25-4 ) in conjunction with, and in addition to, any other incentive offered by the seller

or lessor of an eligible vehicle. b. A seller or lessor of an eligible vehicle shall provide a purchaser or lessee the

option to have the amount of the light duty plug-in electric vehicle incentive deducted

from the final negotiated and agreed upon sale or lease price of the eligible vehicle,

in which case the full amount of the incentive shall be passed through to the purchaser

or lessee in full and payment thereof shall be effective immediately at the time of

the final sale or lease and transfer of the eligible vehicle to the purchaser or lessee. The board shall establish a process for reimbursing a seller or lessor of an eligible

vehicle the cost of an incentive provided by the seller or lessor pursuant to this

subsection. c. The board shall require each seller or lessor of an eligible vehicle to provide

to the board, upon the final sale or lease and transfer of an eligible vehicle to

a purchaser or lessee, the eligible vehicle's make, model, and battery size, and any

other information as the board determines relevant.

Frequently Asked Questions About New Jersey § 48:25-5

What does New Jersey Statutes § 48:25-5 cover?

Section 48:25-5 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 § 48:25-5?

A common citation format is "New Jersey Statutes § 48:25-5" (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 § 48:25-5 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.