Terms Used In New Jersey Statutes 54:39-131

  • month: means a calendar month, and the word "year" means a calendar year. See New Jersey Statutes 1:1-2
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • sworn: includes "affirmed. See New Jersey Statutes 1:1-2
31. a. A person, other than a supplier licensed under section 30 of P.L.2010, c.22 (C. 54:39-130), engaged in business in this State as a terminal operator shall first obtain a terminal operator’s license for each terminal site in this State.

b. A terminal operator shall be required to post a bond of not less than three months’ potential tax liability based on the number of gallons handled as estimated by the director.

c. A person operating a terminal in this State shall file with the director by the 25th day of the next month a sworn statement of operations within this State for each of the operator’s terminals within this State, including information as the director may prescribe, on forms prescribed and furnished by the director.

d. For purposes of reporting and determining tax liability under P.L.2010, c.22 (C. 54:39-101 et al.), a licensee shall maintain inventory records as the director by regulation shall require.

L.2010, c.22, s.31.

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