New Jersey Statutes
§ 18A:71C-41 — Nullification of agreement.
New Jersey § 18A:71C-41
JurisdictionNew Jersey
Title 18AEDUCATION
This text of New Jersey § 18A:71C-41 (Nullification of agreement.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 18A:71C-41 (2026).
Text
18A:71C-41. A program participant who has previously entered into a contract with the authority may nullify the agreement by notifying the authority in writing and reassuming full responsibility for the remaining outstanding balance of the loan debt. In no event shall service at an approved site for less than the full calendar year of each period of service entitle the program participant to any benefits under the program. A program participant seeking to nullify the contract before completing a second full year of service shall be required to pay 50% of the redeemed portion of indebtedness in not more than one year following nullification of the agreement. Amended 2009, c.145, s.11.
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Nearby Sections
15
§ 18A:71C-1
Administration by the authority.§ 18A:71C-11
Regulations.§ 18A:71C-12
Deduction of overdue student loan payments from wages of county and municipal employees.§ 18A:71C-13
Guidelines for payment of arrearages.§ 18A:71C-15
Guidelines for payment of arrearages.§ 18A:71C-16
Deduction of overdue student loan payments from wages of employees of the private sector.§ 18A:71C-17
Lien not treated as wage execution.§ 18A:71C-19
Professional or occupational misconduct.§ 18A:71C-2
Application; grounds for approval.§ 18A:71C-21.1
Annual report on NJCLASS Loan Program.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 18A:71C-41, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/18A/18A%3A71C-41.