New Jersey Statutes
§ 34:1B-40 — Form, amount and terms of financial assistance; repayment
New Jersey § 34:1B-40
JurisdictionNew Jersey
Title 34LABOR AND WORKMEN'S COMPENSATION
This text of New Jersey § 34:1B-40 (Form, amount and terms of financial assistance; repayment) 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. § 34:1B-40 (2026).
Text
Financial assistance provided from the fund shall include, but not be limited to, loans, loan guarantees, grants, secondary mortgages and equity participation. The form, amount and terms of financial assistance provided shall be determined by the commissioner, subject to the availability of funds and requirements of this act. No more than 20% of the total financial assistance provided from the fund shall be in the form of grants or other nonlending assistance. Lending assistance from the fund shall be made on a revolving loan basis in order to assure the continued reutilization of the fund's resources. Any financial assistance provided from the fund to a participant through a sponsor shall be repaid to the fund by the participant on such terms as the commissioner shall determine. L.1983, c
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Nearby Sections
15
§ 34:1B-1
Short title§ 34:1B-10
Powers of authority by resolution.§ 34:1B-101
Short title§ 34:1B-103
New Jersey Purchase First Program§ 34:1B-105
Report to Governor, Legislature§ 34:1B-106
Rules, regulations§ 34:1B-11
Bonds; negotiability§ 34:1B-112
Short title.§ 34:1B-115
Grant of tax credits; qualifications.§ 34:1B-116
Grant application.§ 34:1B-118
Grant limitations.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 34:1B-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/34/34%3A1B-40.