Current through Register Vol. 56, No. 24, December 18, 2024
Section 2:35A-4.1 - Expenditure of funds; return of unexpended funds(a) Each entity that receives a grant shall make every reasonable effort to expend the award within one year of receipt.(b) The Department shall require the return of all funds not expended within one year of receipt, unless the grantee demonstrates that good cause exists to retain the funds. N.J. Admin. Code § 2:35A-4.1