New Jersey § 18a:71b-38
Full text of New Jersey New Jersey Statutes § 18a:71b-38, with citation guidance and answers to common questions.
§ 18a:71b-38.
The Higher Education Student Assistance Authority shall administer the NJBEST Program. The authority shall have the power to: a. serve as trustee of the trust; b. adopt rules and regulations pursuant to the “Administrative Procedure Act,” P.L.1968,
c. 410 ( C.52:14B-1 et seq. ), necessary to carry out the provisions of this article; c. prescribe and provide appropriate forms for participation in the program; d. select an investment manager and any other contractors needed to manage and market
the program; e. monitor the investment manager and any other contractors by audits and other reports; f. collect reasonable administrative fees in connection with any contract or transaction
relating to the program; g. impose penalties for nonqualified withdrawals; h. take all actions required so that the program is treated as a qualified State tuition
program under section 529 of the federal Internal Revenue Code of 1986 , 26 U.S.C.s.529 ; and i. perform any other acts which may be deemed necessary or appropriate to carry out
the objects and purposes of this article.
Frequently Asked Questions About New Jersey § 18a:71b-38
What does New Jersey Statutes § 18a:71b-38 cover?
Section 18a:71b-38 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:71b-38?
A common citation format is "New Jersey Statutes § 18a:71b-38" (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:71b-38 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.