New Jersey § 58:11b-10
Full text of New Jersey New Jersey Statutes § 58:11b-10, with citation guidance and answers to common questions.
§ 58:11b-10.
The trust shall create and establish a special fund to be known as the “water supply
facilities general loan fund.” The monies in the fund shall only be used for projects funded by the New Jersey Environmental
Infrastructure Financing Program. Subject to the provisions of the legislation appropriating moneys to the trust, subject
to any other provision of P.L.1985, c. 334 ( C.58:11B-1 et seq. ), P.L.1997, c. 224 ( C.58:11B-10.1 et al.), or sections 22 and 34 through 38 of P.L.2016, c. 56 ( C.58:11B-10.3 through C.58:11B-10.5 , C.58:11B-20.2 , C.58:11B-22.3 , and C.58:11B-22.4 ) providing otherwise, and subject to agreements with the holders of bonds, notes
and other obligations of the trust, the trust shall deposit into the water supply
facilities general loan fund all revenues and receipts of the trust, including moneys
received by the trust as payment of the principal of and the interest or premium on
loans made from moneys in any fund or account held by the trust under the provisions
of P.L.1985, c. 334 ( C.58:11B-1 et seq. ), P.L.1997, c. 224 ( C.58:11B-10.1 et al.), or sections 22 and 34 through 38 of P.L.2016, c. 56 ( C.58:11B-10.3 through C.58:11B-10.5 , C.58:11B-20.2 , C.58:11B-22.3 , and C.58:11B-22.4 ), and the earnings on the moneys in any fund or account of the trust, and all grants,
appropriations, other than those referred to in section 11 of P.L.1985, c. 334 ( C.58:11B-11 ), contributions, or other moneys from any source, available for the making of loans
to local government units, public water utilities, or to any other person or local
government unit on behalf of a public water utility, for water supply projects. The amounts in the water supply facilities general loan fund shall be available
for application by the trust for loans to local government units, public water utilities
or any other person for the cost of water supply projects, and for other corporate
purposes of the trust, subject to agreements with the holders of bonds, notes or other
obligations of the trust.
Frequently Asked Questions About New Jersey § 58:11b-10
What does New Jersey Statutes § 58:11b-10 cover?
Section 58:11b-10 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 § 58:11b-10?
A common citation format is "New Jersey Statutes § 58:11b-10" (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 § 58:11b-10 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.