N.J.S.A. 40:54-22

Custodian of gifts; expenditure

40:54-22. Custodian of gifts; expenditure Any gift or bequest, when accepted by the governing body of the municipality, shall be received by the treasurer or other corresponding officer of the municipality and expended by and under the direction of the board of trustees of the free public library for the purposes for which the gift or bequest was made, in the same manner as other funds are expended by such board.

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This is the verbatim text of N.J.S.A. 40:54-22, 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. 40:54-22 — Custodian of gifts; expenditure | Kyzer