New Jersey § 18a:3b-53
Full text of New Jersey New Jersey Statutes § 18a:3b-53, with citation guidance and answers to common questions.
§ 18a:3b-53.
a. A State monitor appointed pursuant to section 4 of this act 1 shall be considered a State officer for purposes of the “New Jersey Tort Claims Act,”
established pursuant to P.L.1972, c. 45 ( C.59:1-1 et seq. ). b. (1) The State monitor, within six months of appointment to the position, shall
issue a fiscal accountability plan to the institution and Secretary of Higher Education
listing all benchmarks and remedial actions required to be completed by the institution
and the necessary capacity and fiscal controls to be restored to the institution as
a condition for the cessation of State monitor oversight. The State monitor may revise or amend the fiscal accountability plan, as appropriate. (2) The State monitor shall issue progress reports to the governing board of the institution
and the secretary on a monthly basis, or on a schedule determined by the secretary.
The progress report shall detail the institution's progress in meeting the requirements
of the fiscal accountability plan, and establish clear and measurable benchmarks to
assess the institution's fiscal accountability. (3) The secretary shall develop a transition plan outlining the process for the withdrawal
of the State monitor and a return to full institution control. The State monitor shall provide oversight of the institution until the secretary determines
that the transition plan has been successfully executed and the necessary capacity
and fiscal accountability controls have been restored to institution operations. c. The salary of a State monitor shall be fixed by the secretary and may be adjusted
from time to time as the secretary deems appropriate. The State shall assume the total cost of the State monitor and any additional staff
appointed pursuant to section 4 of this act. 1
L.2023, c. 115 (N.J.S.A. § 18A:3B-53.4)
Frequently Asked Questions About New Jersey § 18a:3b-53
What does New Jersey Statutes § 18a:3b-53 cover?
Section 18a:3b-53 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 18a:3b-53?
A common citation format is "New Jersey Statutes § 18a:3b-53" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 18a:3b-53 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.