New Jersey § 52:27d-500
Full text of New Jersey New Jersey Statutes § 52:27d-500, with citation guidance and answers to common questions.
§ 52:27d-500.
A non-lapsing trust fund is hereby established in the State treasury to be known as
the Neighborhood Revitalization Non-lapsing Trust Fund, into which all assistance
from business entities receiving certificates under the provisions of P.L.2001, c. 415 ( C.52:27D-490 et seq. ) shall be deposited by the department and from which all assistance for projects
approved by the department shall be drawn. All interest earned on the funds deposited in the trust fund shall be retained in
the trust fund to be used in accordance with sections 7 and 8 of P.L.2001, c. 415 ( C.52:27D-496 and C.52:27D-497 ).
Frequently Asked Questions About New Jersey § 52:27d-500
What does New Jersey Statutes § 52:27d-500 cover?
Section 52:27d-500 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 § 52:27d-500?
A common citation format is "New Jersey Statutes § 52:27d-500" (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 § 52:27d-500 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.