New Jersey § 18a:72a-11
Full text of New Jersey New Jersey Statutes § 18a:72a-11, with citation guidance and answers to common questions.
§ 18a:72a-11.
A participating institution and the authority may enter into a loan agreement in connection
with a project which includes the provision of working capital to such institution. In no event shall working capital be considered a non-revenue-producing facility
under chapter 72A of Title 18A of the New Jersey Statutes. Any loan agreement entered into under the provisions of this section may contain
the provisions as may be agreeable to the participating institution and the authority
and as may be necessary or desirable to secure the loan, including, without limitation,
provisions for the granting of a security interest in personal property or receivables
or a mortgage on all or any portion of the real property of the participating institution.
Frequently Asked Questions About New Jersey § 18a:72a-11
What does New Jersey Statutes § 18a:72a-11 cover?
Section 18a:72a-11 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:72a-11?
A common citation format is "New Jersey Statutes § 18a:72a-11" (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:72a-11 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.