New Jersey Code § 39:3-87

Expenditure of receipts, apportionment
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39:3-87. Expenditure of receipts, apportionment
The receipts for licenses covering a 3-year period shall not be expended during any 1 year, but shall be apportioned for the purpose of expenditure upon an annual basis throughout the entire period so covered.
L.1955, c. 8, p. 49, s. 13.

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