N.J. Admin. Code § 18:26-6.11

Current through Register Vol. 56, No. 24, December 18, 2024

Section 18:26-6.11 - Public educational, scientific, and charitable institutions

(a) Property passing to or for the use of the State of New Jersey, or to or for the use of a municipal corporation within the State or other political subdivision thereof, for exclusively public purposes is exempt.

(b) Any property of any decedent that passes to a Class "E" transferee is exempt.

(c) Cemetery corporations are deemed to be charitable institutions within the meaning of the Act.

N.J. Admin. Code § 18:26-6.11

Adopted by 50 N.J.R. 1624(a), effective 7/16/2018