N.J. Stat. § 17:16ZZ-16
Annual assessment
New Jersey · New Jersey Statutes Title 17 — Corporations and Institutions for Finance and Insurance · Status: effective
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- N.J. Stat. § 17:16ZZ-16, Annual assessment, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1443567
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Full text
16. Student loan servicer licensees shall be assessed annually an amount sufficient to cover annual costs of the implementation of this act. Assessments shall be effectuated in accordance with P.L.2005, c.199 (C.17:1C-33 et seq.) as amended by P.L.2019, c.200 (C.17:16ZZ-1 et al.), and its implementing rules. Moneys collected from license fees, inspections, or violations pursuant to this act shall be expended by the commissioner for the purpose of administering the provisions of this act.