17:12B-127 - Determination of net income - New Jersey Statutes

17:12B-127.  Determination of net income
    At the end of each accounting period and at least annually the board of each  State association shall determine the amount of net income, if any, earned  during the accounting period.  To aid the board in making such determination  there shall be submitted to it, a financial statement including a statement of  gross income and net income and a statement of its operations during such  accounting period and such additional data, if any, as the board may require,  certified to be correct by an officer or by a competent accountant designated  by the board.

     L.1963, c. 144, s. 127.