New Jersey Statutes 12:7-34.47g. Charitable organization fee exception
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Terms Used In New Jersey Statutes 12:7-34.47g
- Director: means the Director of the Division of Motor Vehicles in the Department of Transportation. See New Jersey Statutes 12:7-71
- Power vessel: means a vessel temporarily or permanently equipped with machinery for propulsion, including a personal watercraft, and shall not include a vessel propelled wholly by sails or by muscular power. See New Jersey Statutes 12:7-71
12. The director shall issue a tax exemption certificate, without fee, for any power vessel owned by associations or corporations organized exclusively for charitable purposes.
L.1965,c.206,s.12; amended 1995,c.401,s.32.