New Jersey Statutes
§ 18A:59-2 — Federal funds as trust funds; distribution
New Jersey·Title 18A EDUCATION
18A:59-2. All moneys mentioned in N.J.S.18A:59-1 shall be considered trust funds and shall be distributed by the commissioner or by the Commission on Higher Education, as the case may be, in conformity with said plans. L.1967, c.271; amended 1994,c.48,s.72.
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Nearby Sections
8
§ 18A:59-3
Custody of federal funds; disbursement§ 18A:59-4
Act of congress accepted§ 18A:59-5
State board empowered to act§ 18A:59-6
Custodian of funds