New Jersey § 18a:72a-34
Full text of New Jersey New Jersey Statutes § 18a:72a-34, with citation guidance and answers to common questions.
§ 18a:72a-34.
(a) Whenever the authority under section 18A:72A-30 undertakes to construct, acquire or otherwise provide and operate and manage a project,
the authority shall be responsible for the direct operation and maintenance costs
of such project, but each private college in connection with which such a project
is provided and operated and managed shall be responsible at its own expense for the
overall supervision of each project, for the overhead and general administrative costs
of the private college which are incurred because of such project and for the integration
of each project operation into the institution's educational program. (b) Whenever the authority under section 18A:72A-30 undertakes to construct, acquire or otherwise provide a project and to lease the
same to a private college, the lessee shall be responsible for the direct operation
and maintenance costs of such project and, in addition, shall be responsible for the
overall supervision of each project, for the overhead and general administrative costs
of the lessee which are incurred because of such project and for the integration of
each project operation into the lessee's educational program. (c) Whenever the authority under section 18A:72A-31 makes loans for the construction of a project, the private college at which such
project is located shall be responsible for the direct operation and maintenance costs
of such project and, in addition, shall be responsible for the overall supervision
of each project, for the overhead and general administrative costs of the private
college which are incurred because of such project and for the integration of each
project operation into the institution's educational program.
Frequently Asked Questions About New Jersey § 18a:72a-34
What does New Jersey Statutes § 18a:72a-34 cover?
Section 18a:72a-34 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-34?
A common citation format is "New Jersey Statutes § 18a:72a-34" (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-34 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.