Statutes, codes, and regulations
New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRSChapter 47 - NEIGHBORHOOD REVITALIZATION STATE TAX CREDIT
Subchapter 7 - CONTRACTING; MONITORING
Section 5:47-7.3 - Business entities held harmless

N.J. Admin. Code § 5:47-7.3

Download
PDF
Current through Register Vol. 57, No. 1, January 6, 2025
Section 5:47-7.3 - Business entities held harmless

No sanction imposed by the Commissioner against any nonprofit organization shall affect the validity of the credits for assistance already contributed and awarded to a business entity that was not on notice of the wrongful action of the nonprofit organization at the time it made the contribution.

N.J. Admin. Code § 5:47-7.3