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New Jersey Statutes, Title: 18A, EDUCATION

    Chapter 72b:

      Section: 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.



This section added to the Rutgers Database: 2012-09-26 13:37:48.






Older versions of 18a:72b-24 (if available):



Court decisions that cite this statute: CLICK HERE.