N.J. Admin. Code § 10:97-7.2

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

Section 10:97-7.2 - Procedure when a manager leaves a business enterprise

(a) Whenever a manager is transferred, terminated, or otherwise leaves a business enterprise, all equipment and other property belonging to the Commission shall be surrendered in good working order and condition, except for reasonable wear and tear, as determined by the Commission. Also, the premises shall be cleaned to the satisfaction of the Commission representative, or the services of a commercial cleaning company shall be engaged, as provided at N.J.A.C. 10:97-4.9(b).

(b) To maintain good standing with the program, the manager shall provide proof that all taxes, accounts, and bills have been paid in full. Also, an inventory of stock shall be taken as required under the provisions of N.J.A.C. 10:97-3.6.

Amended by 49 N.J.R. 1904(a), effective 7/3/2017