Terms Used In New Jersey Statutes 5:10A-68

  • 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.
68. All expenses incurred in carrying out the provisions of sections 1 through 68 of P.L.2015, c.19 (C. 5:10A-1 through C. 5:10A-68) shall be payable from funds provided the commission therefor, and no liability or obligation shall be incurred by the commission hereunder beyond the extent to which moneys shall have been provided therefor.

L.2015, c.19, s.68.