N.J.S.A. 18A:62-36 — "Higher Education Incentive Grant Fund"

18A:62-36. "Higher Education Incentive Grant Fund" 8. There is created in the Department of the Treasury a non-lapsing fund, the "Higher Education Incentive Grant Fund" (the "grant fund"), which, subject to the availability of funds, shall be used to provide State matching funds against donations to four-year public institutions of higher education, two-year public institutions of higher education, and independent institutions of higher education that receive direct State aid, or their institutionally related foundations, in accordance with the provisions of sections 9 through 11 of this act and subject to the provisions of subsections a. and b. of section 12 of the act. L.1999,c.226, s.8; amended 1999, c.368, s.5.

This is the verbatim text of N.J.S.A. 18A:62-36, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.