N.J.S.A. 4:10-64 — Contributions in lieu of advance deposits; repayment

4:10-64. Contributions in lieu of advance deposits; repayment In lieu of requiring advance deposits for defraying administrative advertising, sales promotion, research or education expenses, the secretary is authorized to receive and disburse for such expense purposes contributions made by producers or others. Neither the council nor the secretary shall be held responsible for the repayment of such contributions. Whenever the marketing program accounts are sufficient to so warrant, the council shall recommend and the secretary shall authorize the repayment of contributions or authorize the application of such contributions to the assessment obligations of the persons who made the contributions. L.1971, c. 308, s. 22, eff. Sept. 2, 1971.

This is the verbatim text of N.J.S.A. 4:10-64, 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.