N.J.S.A. 52:18-52

Conditions for award of subsidy.

52:18-52 Conditions for award of subsidy. 2. A State public body shall not award an economic development subsidy to a recipient business that previously received an economic development subsidy that was a loan or loan guarantee if the recipient business is in default on that previously awarded loan or loan guarantee. L.2015, c.167, s.2.

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This is the verbatim text of N.J.S.A. 52:18-52, 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.