New Jersey § 18a:71a-23
Full text of New Jersey New Jersey Statutes § 18a:71a-23, with citation guidance and answers to common questions.
§ 18a:71a-23.
The authority shall establish and maintain a special fund called the “Higher Education
Student Assistance Fund” solely for its activities as a guaranty agency and lender
under 20 U.S.C.s.1071 et seq. The fund shall consist of: a. all moneys appropriated by the Legislature for inclusion
in the fund; b. federal advances and other revenues realized as a result of guaranty
and lender activities under 20 U.S.C.s.1071 et seq. ; c. investment earnings of the fund; d. moneys contributed to the authority by
private sources, to be used for the purposes of this act; e. the proceeds received
by the sale of its bonds, bond anticipation notes and other obligations as provided
by law; and f. the proceeds received by the authority from the resale of notes evidencing
approved loans made pursuant to this act. The authority may in any resolution authorize the establishment within the Higher
Education Student Assistance Fund of separate special funds as necessary for moneys
to be held in pledge or otherwise for payment or redemption of bonds, notes or other
obligations, reserves or other purposes and to covenant as to use and disposition
of the moneys held in these special funds.
Frequently Asked Questions About New Jersey § 18a:71a-23
What does New Jersey Statutes § 18a:71a-23 cover?
Section 18a:71a-23 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:71a-23?
A common citation format is "New Jersey Statutes § 18a:71a-23" (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:71a-23 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.