Skip to main content
THIS SITE
PREVIOUS SECTION Go back to sections Go back to the chapter Go back to the N.J. Statutes homepage NEXT SECTION


New Jersey Statutes, Title: 55, TENEMENT HOUSES AND PUBLIC HOUSING

    Chapter 14k:

      Section: 55:14k-5.3: Transfer of certain reserves to State for housing needs.

          
1. Notwithstanding the provisions of any law to the contrary, the New Jersey Housing and Mortgage Finance Agency established pursuant to P.L.1983, c.530 (C.55:14K-1 et seq.) shall transfer, on or before the fifth day after enactment of this supplementary act, from unencumbered reserves in the funds of the agency, an amount not to exceed $25,000,000, as shall be determined by the State Treasurer, to the State Treasury for deposit in the State General Fund. The amount deposited in the State General Fund shall be available to pay for appropriations made from the General Fund for housing and related needs of New Jersey residents.

L.2002,c.4,s.1.



This section added to the Rutgers Database: 2012-09-26 13:37:57.






Older versions of 55:14k-5.3 (if available):



Court decisions that cite this statute: CLICK HERE.