New Jersey § 52:27h-93

§ 52:27h-93.

The commissioner shall take any action which he deems appropriate to disseminate information

on the advantages and disadvantages of employee stock ownership plans to employers

and employee groups. This may include, but need not be limited to, the publication and distribution of

suitable pamphlets, brochures and other literature, and the organization of seminars

and other informational meetings on employee stock ownership plans. In conducting these activities, the commissioner may seek the collaboration and

assistance of any State department, agency or institution of higher education. b. The information shall include an explanation of the potential usefulness of employee

stock ownership plans for averting the closing of places of employment in certain

instances and the use of employee stock ownership plans in the refinancing of successful

enterprises.