New Jersey Revised Statutes § 34:1b-241.1 - Definitions Relative To A Small Business Loan Program.

34:1B-241.1 Definitions relative to a small business loan program.

1.As used in this act:

"Authority" means the New Jersey Economic Development Authority established by section 4 of P.L.1974, c.80 (C.34:1B-4).

"Eligible small business" means a business entity that, at the time of application for participation in the small business loan program established pursuant to section 2 of P.L.2011, c.201 (C.34:1B-241.2), is independently owned and operated, operates primarily within this State, and which satisfies other criteria that may be established by the authority.

L.2011, c.201, s.1.


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Last modified: October 11, 2016