New Jersey Administrative Code
Title 15 - STATE
Chapter 27 - NEW JERSEY CULTURAL TRUST
Subchapter 2 - NEW JERSEY CULTURAL TRUST FUND GRANT PROGRAM
Section 15:27-2.11 - Evaluation of unrestricted donations to the Cultural Trust
Universal Citation: NJ Admin Code 15:27-2.11
Current through Register Vol. 56, No. 6, March 18, 2024
(a) Upon receipt, review and acceptance of the unrestricted donation, the Board shall:
1. Certify to the State Treasurer that the donation is consistent with the terms of the New Jersey Cultural Trust Act and request a transfer in the amount of the value of the donation from the Trust Account to the Trust Fund; and
2. Notify the donor in writing that the donation has been approved and certified and document the results of this process.
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