New Jersey § 43:16a-16
Full text of New Jersey New Jersey Statutes § 43:16a-16, with citation guidance and answers to common questions.
§ 43:16a-16.
The board of trustees shall delegate the administration of this mortgage loan program to the New Jersey
Housing and Mortgage Finance Agency established under section 4 of P.L.1983, c. 530
( C.55:14K-4 ). The agency shall: a. originate loans; b. appraise the value of any real property
eligible to be mortgaged under this act; c. guarantee and insure title to the real
property; and d. perform any other service necessary to accomplish the purposes of
this act in a manner consistent with the protection of the rights of beneficiaries
of the retirement system. The cost of the performance of these services in connection with the making of a
mortgage loan shall be charged to the borrower and included in the amount of that
mortgage loan.
Frequently Asked Questions About New Jersey § 43:16a-16
What does New Jersey Statutes § 43:16a-16 cover?
Section 43:16a-16 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 § 43:16a-16?
A common citation format is "New Jersey Statutes § 43:16a-16" (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 § 43:16a-16 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.