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2014 New Jersey Revised Statutes
Title 18A - EDUCATION
Section 18A:72B-24 - Reduction of distributions if funds insufficient

NJ Rev Stat § 18A:72B-24 (2014) What's This?

18A:72B-24. Reduction of distributions if funds insufficient
If the funds appropriated for the purposes of this act are insufficient to provide full funding under the formula contained herein, then the funds shall be distributed to eligible institutions on a pro rata basis with each eligible institution receiving a proportionate reduction in funds.

L.1979, c. 132, s. 11, eff. July 6, 1979.


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