52:18-52 Conditions for award of subsidy.
48 words·~1 min read·
/nj/title-52/chapter-18/52-18-52A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.