New Jersey § 52:27c-96
Full text of New Jersey New Jersey Statutes § 52:27c-96, with citation guidance and answers to common questions.
§ 52:27c-96.
a. The New Jersey Commerce and Economic Growth Commission is authorized to establish
a nonprofit organization to be known as the Foundation for Technology Advancement. The foundation shall be devoted to developing and coordinating programs to support
initiatives of the advanced technology industry in New Jersey. The foundation shall develop policies to improve the research, economic, and educational
needs important to the advanced technology industry in New Jersey and increase awareness
among advanced technology companies as to governmental, community and private resources
that may benefit this industry as a whole. The foundation shall discuss the status of the advanced technology industry and
anticipate its needs for the future with the purpose of preparing the industry and
its workforce to meet these needs. The foundation shall make policy recommendations to the Governor and Legislature
as well as recommendations for local and State actions to follow up the foundation's
recommendations and consider such other matters relating to advanced technology in
New Jersey as the members of the foundation may deem appropriate. b. The foundation shall be incorporated as a New Jersey nonprofit corporation pursuant
to P.L.1983, c. 127 ( C.15A:1-1 et seq. ), and organized and operated in such manner as to be eligible under applicable federal
law for tax-exempt status and for the receipt of tax-deductible contributions, and
shall be authorized to sue and to be sued as a legal entity separate from the State
of New Jersey.
Frequently Asked Questions About New Jersey § 52:27c-96
What does New Jersey Statutes § 52:27c-96 cover?
Section 52:27c-96 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 § 52:27c-96?
A common citation format is "New Jersey Statutes § 52:27c-96" (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 § 52:27c-96 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.