New Jersey § 32:11d-99

§ 32:11d-99.

(a) Any or all of the signatory parties or any political subdivision thereof may: (1) Appropriate to the commission such funds as may be necessary to pay preliminary

expenses such as the expenses incurred in the making of borings, and other studies

of subsurface conditions, in the preparation of contracts for the sale of water and

in the preparation of detailed plans and estimates required for the financing of a

project; (2) Advance to the commission, either as grants or loans, such funds as may be necessary

or convenient to finance the operation and management of or construction by the commission

of any facility or project; (3) Make payments to the commission for benefits received or to be received from the

operation of any of the projects or facilities of the commission. (b) Any funds which may be loaned to the commission either by a signatory party or

a political subdivision thereof shall be repaid by the commission through the issuance

of bonds or out of other income of the commission, such repayment to be made within

such period and upon such terms as may be agreed upon between the commission and the

signatory party or political subdivision making the loan.