New Jersey § 52:27d-476
Full text of New Jersey New Jersey Statutes § 52:27d-476, with citation guidance and answers to common questions.
§ 52:27d-476.
The district agent shall establish and maintain a special fund called the “(Name of
district agent) Revenue Allocation Fund,” and herein referred to as “district fund”
or “fund.” The fund shall be used by the district agent for purposes of the “Revenue Allocation
District Financing Act,” P.L.2001, c. 310 ( C.52:27D-459 et seq. ), including but not limited to: a. paying the project costs; b. paying the principal of and interest on bonds or other obligations issued or guaranteed
pursuant to the “Revenue Allocation District Financing Act,” P.L.2001, c. 310 ( C.52:27D-459 et seq. ); c. prepaying the principal of and interest on the bonds or other obligations; d. paying additional property tax increment revenue, if any, to taxing entities, as
provided for in subsections b. and c. of section 29 of P.L.2001, c. 310 ( C.52:27D-477 ) or in the final revenue allocation plan; and e. reimbursing the municipality for any payments made by the State pursuant to the
“Municipal Qualified Bond Act,” P.L.1976, c. 38 ( C.40A:3-1 et seq. ) to pay debt service on any qualified bonds issued pursuant to section 35 of P.L.2001, c. 310 ( C.52:27D-483 ).
Frequently Asked Questions About New Jersey § 52:27d-476
What does New Jersey Statutes § 52:27d-476 cover?
Section 52:27d-476 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 § 52:27d-476?
A common citation format is "New Jersey Statutes § 52:27d-476" (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 § 52:27d-476 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.