New Jersey Statutes 13:18A-45. Matching grants
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Terms Used In New Jersey Statutes 13:18A-45
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
If the board has delegated its authority pursuant to the provisions of section 15 of this act, it may provide, upon application therefor and approval thereof, matching grants to the county bank for the purpose of meeting the obligation of this delegation. These grants may be applied retroactively to January 14, 1981.
L. 1985, c. 310, s. 16, eff. Aug. 28, 1985.