New Jersey Administrative Code
Title 2 - AGRICULTURE
Chapter 76 - STATE AGRICULTURE DEVELOPMENT COMMITTEE
Subchapter 12 - NONPROFIT ACQUISITION PROJECTS: PROJECT ELIGIBILITY, CONDITIONS AND LIMITATIONS
Section 2:76-12.5 - Donations toward the cost of acquisition
Universal Citation: NJ Admin Code 2:76-12.5
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The Committee shall not treat as a donation any donation accepted prior to approval of an application for Committee funding under 2:76-13.4, unless approved by the Committee.
(b) The Committee shall not treat as a donation any donation of land which is not part of the approved project.
(c) The Committee shall not treat as a donation the reduction in the cost of acquisition resulting from negotiation between the nonprofit and the property owner, unless approved by the Committee.
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