13:16-8.Ā  Payment of grants to economic development agencies
Upon approval of each application and the making of a grant by the commissioner in accordance therewith, the commissioner shall give notice to theĀ  particular development agency of such approval and grant, and shall direct theĀ  development agency to proceed with its application and to use therefor theĀ  furnishing of satisfactory evidence to the commissioner on a quarterly basis,Ā  that the particular development agency has so proceeded, the grant allocated toĀ  such development agency shall be paid over on such basis to the developmentĀ  agency by the commissioner.

L.1966, c. 130, s. 8.