New Jersey Statutes 40:48-9.4. Contributions to nonprofit corporation operating senior citizens center
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Terms Used In New Jersey Statutes 40:48-9.4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- 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
Any municipality or county may make an annual, voluntary contribution to any nonprofit corporation, which operates a senior citizens’ center anywhere in the State, in support of the educational, cultural, recreational and personal assistance programs conducted by it for senior citizens of such municipality or county.
L.1964, c. 126, s. 1; L.1965, c. 190, s. 1, eff. Dec. 14, 1965. Amended by L.1982, c. 138, s. 1, eff. Sept. 16, 1982.