New Jersey § 5:12-175
Full text of New Jersey New Jersey Statutes § 5:12-175, with citation guidance and answers to common questions.
§ 5:12-175.
Upon a showing of good cause by a licensee, the Casino Reinvestment Development Authority
may, in its sole discretion, waive the requirements of subsection b. of section 3
of this act 1 requiring that at least 100% or 50%, as the case may be, of the investment tax credit
against the tax imposed by subsection a. of section 3 be composed of the purchase
of bonds of the Casino Reinvestment Development Authority, provided the licensee shall
make an equivalent investment in an eligible project approved by the Casino Reinvestment
Development Authority and provided the authority determines that the amount waived
does not impair the amount to be set aside pursuant to section 33 of this act 2 and that the waiver will not violate any agreement or covenant or impair any financial
obligation of the Casino Reinvestment Development Authority. 1
N.J.S.A. § 5:12-144.1. 2
N.J.S.A. § 5:12-181.
Frequently Asked Questions About New Jersey § 5:12-175
What does New Jersey Statutes § 5:12-175 cover?
Section 5:12-175 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 § 5:12-175?
A common citation format is "New Jersey Statutes § 5:12-175" (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 § 5:12-175 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.