New Jersey Statutes
§ 17:16ZZ-16 — Annual assessment.
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
16.Student loan servicer licensees shall be assessed annually an amount sufficient to cover annual costs of the implementation of this act. Assessments shall be effectuated in accordance with P.L.2005, c.199 (C.17:1C-33 et seq.) as amended by P.L.2019, c.200 (C.17:16ZZ-1 et al.), and its implementing rules. Moneys collected from license fees, inspections, or violations pursuant to this act shall be expended by the commissioner for the purpose of administering the provisions of this act. L.2019, c.200, s.16.
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Nearby Sections
15
§ 17:16ZZ-10
Additional authority of the commissioner.§ 17:16ZZ-12
Actions, counterclaims by borrower.§ 17:16ZZ-13
Remedies not exclusive.§ 17:16ZZ-14
Compliance with federal laws and regulations.§ 17:16ZZ-15
Reports.§ 17:16ZZ-16
Annual assessment.§ 17:16ZZ-17
Rules, regulations.§ 17:16ZZ-18
Severability.§ 17:16ZZ-4
Licensure for student loan servicers.§ 17:16ZZ-5
Issuance of license.§ 17:16ZZ-7
Maintenance, availability of records.