New Jersey Statutes

§ 18A:71C-42 — Death or permanent disability of participant.

New Jersey § 18A:71C-42
JurisdictionNew Jersey
Title 18AEDUCATION

This text of New Jersey § 18A:71C-42 (Death or permanent disability of participant.) 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-42 (2026).

Text

18A:71C-42. In case of a program participant's death or total and permanent disability, the authority or its designee shall nullify the service obligation of the program participant. The nullification shall terminate the authority's obligations under the loan redemption contract, except in the event that a program participant's death or total and permanent disability occurs during the second year of service, the authority shall not require repayment of the prior redeemed portion of indebtedness. When continued enforcement of the contract may result in extreme hardship, the authority or its designee may nullify or suspend the service obligation of the program participant. Amended 2009, c.145, s.12.

Free access — add to your briefcase to read the full text and ask questions with AI

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New Jersey § 18A:71C-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/18A/18A%3A71C-42.