Financial assistance to be used in accordance with terms of contract.

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52:15C-18 Financial assistance to be used in accordance with terms of contract.

6. Upon the designation, with respect to the undertaking of a project by any business, of a lead public agency pursuant to section 4 of this act, the State Comptroller shall require that any financial assistance received by the business from a public entity in connection with the project pursuant to any contract to which the provisions of section 2 of this act apply shall be spent in accordance with the terms of the contract.

L.2009, c.136, s.6.


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