N.J.S.A. 39:3-87

Expenditure of receipts, apportionment

39:3-87. Expenditure of receipts, apportionment The receipts for licenses covering a 3-year period shall not be expended during any 1 year, but shall be apportioned for the purpose of expenditure upon an annual basis throughout the entire period so covered. L.1955, c. 8, p. 49, s. 13.

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This is the verbatim text of N.J.S.A. 39:3-87, 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.

N.J.S.A. 39:3-87 — Expenditure of receipts, apportionment | Kyzer