52:9EE-9 - "New Jersey Brain Injury Research Fund." - New Jersey Statutes

52:9EE-9  "New Jersey Brain Injury Research Fund."9. a. There is established in the Department of the Treasury a nonlapsing revolving fund to be known as the "New Jersey Brain Injury Research Fund."  This fund shall be the repository for moneys provided pursuant to subsection f. of R.S.39:5-41.  Moneys deposited in the fund, and any interest earned thereon, shall be used for the purpose of making grants for brain injury research projects at qualified research institutions approved by the New Jersey State Commission on Brain Injury Research, and for the purpose of meeting the operating expenses of the commission.

b.Any costs incurred by the department in the collection or administration of the fund may be deducted from the funds deposited therein, as determined by the Director of the Division of Budget and Accounting.

L.2003,c.200,s.9.