New Jersey § 52:27d-63
Full text of New Jersey New Jersey Statutes § 52:27d-63, with citation guidance and answers to common questions.
§ 52:27d-63.
(a) There is hereby created and established in the department a revolving and demonstration
grant fund to be known as the Revolving Housing Development and Demonstration Grant
Fund, which fund shall consist of: (1) All moneys appropriated and made available by the Legislature of this State for
inclusion therein; (2) Notwithstanding the provisions of any other act or part thereof, any moneys which
the department shall receive in repayment of advances from the fund; and (3) Any other moneys made available to the department from any source or sources,
which the commissioner shall determine to use for the purposes authorized by this
act. (b) Any moneys held in such fund not required or permitted to be disbursed immediately
by this act may be invested or reinvested, at the discretion of the commissioner,
in legal obligation of this State or the United States. Any income or interest earned by, or increment to, moneys so invested or reinvested
shall be added to the moneys held in such fund for the purposes authorized by this
act.
Frequently Asked Questions About New Jersey § 52:27d-63
What does New Jersey Statutes § 52:27d-63 cover?
Section 52:27d-63 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-63?
A common citation format is "New Jersey Statutes § 52:27d-63" (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-63 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.