New Jersey § 18a:72a-43
Full text of New Jersey New Jersey Statutes § 18a:72a-43, with citation guidance and answers to common questions.
§ 18a:72a-43.
The moneys deposited into the fund created pursuant to section 5 of P.L.1993, c. 136 ( C.18A:72A-42 ) shall be allocated in the following manner: a. A minimum of $24,000,000 for the leasing of higher education equipment at the State
colleges; b. A minimum of $19,440,000 for the leasing of higher education equipment at Rutgers,
The State University; c. A minimum of $10,080,000 for the leasing of higher education equipment at the University
of Medicine and Dentistry of New Jersey; 1 d. A minimum of $6,480,000 for the leasing of higher education equipment at the New
Jersey Institute of Technology; e. A minimum of $22,000,000 for the leasing of higher education equipment at the county
colleges; f. A minimum of $10,500,000 for the leasing of higher education equipment at private
institutions of higher education; and g. A minimum of $7,500,000 for the leasing of higher education equipment for emerging
needs programs at public and private institutions of higher education. The Secretary of Higher Education may apportion the amounts authorized in subsection g. among any
other amounts authorized in subsections a. through f. The Secretary of Higher Education may reallocate any balance in the amounts authorized in subsections
a. through g. of this section which have not been fully committed within 18 months
of the effective date of this act. The Secretary of Higher Education shall determine the allocation of moneys deposited into the fund
resulting from the issuance by the authority of new bonds because of the retirement
of bonds previously issued by the authority. 1
University of Medicine and Dentistry of New Jersey transferred to Rutgers, The State
University, pursuant to N.J.S.A. § 18A:65-94.
Frequently Asked Questions About New Jersey § 18a:72a-43
What does New Jersey Statutes § 18a:72a-43 cover?
Section 18a:72a-43 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-43?
A common citation format is "New Jersey Statutes § 18a:72a-43" (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-43 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.