New Jersey Revised Statutes § 52:32-50 - Definitions Relative To Businesses Owned, Operated By Veterans.

52:32-50 Definitions relative to businesses owned, operated by veterans.

2.As used in this act:

"Authority" means the New Jersey Economic Development Authority.

"Contracting agency" means the State or any board, commission, authority or agency of the State.

"Department" means the New Jersey Department of the Treasury.

"Veteran" means any citizen and resident of this State now or hereafter honorably discharged or released under honorable circumstances who served in any branch of the Armed Forces of the United States or a Reserve component thereof for at least 90 days and shall include disabled veterans.

"Veteran-owned business" means a business that has its principal place of business in the State, is independently owned and operated and at least 51% of the business is owned and controlled by persons who are veterans.

L.2011, c.147, s.2.


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Last modified: October 11, 2016