New Jersey § 38:23b-5
Full text of New Jersey New Jersey Statutes § 38:23b-5, with citation guidance and answers to common questions.
§ 38:23b-5.
All capital and revenues of the authority shall be held in trust in a veterans loan
guaranty and insurance fund, hereinafter referred to as the “fund,” to meet the obligations
of the authority under this act; but any amounts in the fund in excess of the total
amount of guaranteed or insured loans outstanding at any time shall be subject to
such disposition as may be provided by law. Such amounts in the fund as the authority shall estimate are not needed for its
current operations shall be invested and reinvested by the State Treasurer in such
obligations as are legal for savings banks of this State.
Frequently Asked Questions About New Jersey § 38:23b-5
What does New Jersey Statutes § 38:23b-5 cover?
Section 38:23b-5 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 § 38:23b-5?
A common citation format is "New Jersey Statutes § 38:23b-5" (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 § 38:23b-5 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.