New Jersey Statutes 45:17A-29. Written contract from commercial co-venturer
Terms Used In New Jersey Statutes 45:17A-29
- Contract: A legal written agreement that becomes binding when signed.
b. A charitable organization shall file in writing on forms prescribed by the Attorney General the following information at the conclusion of the charitable sales promotion:
(1) A certification from an officer or principal of the commercial co-venturer attesting to the gross amount of income received by the commercial co-venturer attributable to the charitable sales promotion, solicitation or venture undertaken;
(2) The amount of money or other contribution remitted to the organization covering each event or portion of an extended charitable sales promotion;
(3) A copy of each advertisement, publication, solicitation or other material used as part of the charitable sales promotion to directly or indirectly induce a contribution; and
(4) Any other information as may be required by rules adopted by the Attorney General.
c. All filings pursuant to this section shall be accompanied by a fee prescribed pursuant to the provisions of this act.
d. The commercial co-venturer shall disclose in each advertisement for the charitable sales promotion the dollar amount or percent per unit of goods or services purchased or used that will benefit the charitable organization or purpose. If the actual dollar amount or percent cannot reasonably be determined prior to the final date of the charitable sales promotion, the commercial co-venturer shall disclose an estimated dollar amount or percent. Any such estimate shall be reasonable and shall be based upon all of the relevant facts known to the commercial co-venturer and the charitable organization regarding the charitable sales promotion.
L.1994,c.16,s.12; amended 2005, c,283, s,8.