{"data":{"id":"us-nj/n.j.-stat.-34-1b-32","jurisdiction":"us-nj","citation":"N.J. Stat. § 34:1B-32","heading":"Study of best means to encourage employee stock ownership plans","body":"The Department of Labor and Industry is directed to undertake a study as to  the best means of providing encouragement and assistance to the formulation of  employee stock ownership plans providing for the partial or total acquisition,  through purchase, distribution in lieu of compensation or a combination of  these or any other lawful means, of shares of stock or other instruments of  equity in facilities by persons employed at these facilities in cases in which  operations at these facilities would, absent employee equity ownership, be  terminated, relocated outside of the State, or so reduced in volume as to  entail the permanent layoff of a substantial number of the employees.\nL.1981, c. 82, s. 3, eff. March 25, 1981.","path":["TITLE 34 LABOR AND WORKMEN'S COMPENSATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"7dc00694d56fa50bdfda197142a2d1874dbf8e07c83661754329a8d3eeb2b110","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-34-1b-31","next":"us-nj/n.j.-stat.-34-1b-33"},"notice":"GroundRules: Original legal text. Not legal advice."}