New Jersey § 34:1b-21
Full text of New Jersey New Jersey Statutes § 34:1b-21, with citation guidance and answers to common questions.
§ 34:1b-21.
In each State fiscal year during which the authority has outstanding bonds or refunding
bonds which have been issued pursuant to this act, 1 or is obligated to make any payments under any contract or agreement entered into
by the authority pursuant to subsection c. of section 3 of P.L.2006, c. 102 ( C.34:1B-21.33 ), the State Treasurer shall pay from the General Fund to the authority, in accordance
with a contract or contracts between the State Treasurer and the authority, authorized
pursuant to section 5 of P.L.2006, c. 102 ( C.34:1B-21.35 ), an amount equivalent to the debt service payable on the authority's then outstanding
bonds or refunding bonds issued pursuant to this act during such fiscal year and any
amounts required to be paid by the authority during such fiscal year under any contract
or agreement entered into by the authority pursuant to subsection c. of section 3
of P.L.2006, c. 102 ( C.34:1B-21.33 ). Notwithstanding any other provision of any law, rule, regulation or order to the
contrary, the authority shall be paid only such funds as shall be required by the
provisions of any contract between the State Treasurer authorized and entered into
pursuant to section 5 of P.L.2006, c. 102 ( C.34:1B-21.35 ) and further provided that the incurrence of any obligation of the State under any
such contract, including any payments to be made thereunder from the General Fund,
shall be subject to and dependent upon appropriations being made from time to time
by the Legislature for the purposes of this act. 1
L.2006, c. 102, eff. Dec. 20, 2006 (N.J.S.A. §§ 34:1B-21.31 to 34:1B-21.36).
Frequently Asked Questions About New Jersey § 34:1b-21
What does New Jersey Statutes § 34:1b-21 cover?
Section 34:1b-21 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 § 34:1b-21?
A common citation format is "New Jersey Statutes § 34:1b-21" (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 § 34:1b-21 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.