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Current as of January 01, 2024 | Updated by Findlaw Staff
The authority may certify a micro-business development corporation when it determines that the corporation:
a. has developed a viable plan for providing training, access to financing, and technical assistance for qualified micro-businesses;
b. has broad-based community support in a designated service region of the State, as reflected, for example, by the membership of its board of directors, and has demonstrated support from other regional entities to provide assistance with service delivery and financial aspects; and
c. has an adequate source of operating capital.
Cite this article: FindLaw.com - New Jersey Statutes Title 34. Labor and Workmen's Compensation 34 § 1B-76 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-34-labor-and-workmens-compensation/nj-st-sect-34-1b-76/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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