yourstate.us
N.J. Stat. § 52:27BBB-48

Contracts between State Treasurer and authority for debt service

New Jersey · New Jersey Statutes Title 52 — State Government, Departments and Officers · Status: effective

Get this as JSONEmbed this
Cite this
Citation
N.J. Stat. § 52:27BBB-48, Contracts between State Treasurer and authority for debt service, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1479911
Permanent ID
ys:prov:1479911@1
SHA-256
87fe0cb699df48646d976bef8e9840919b4741f8894e254f57445edf69c0c548

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

49. The State Treasurer and the authority are authorized to enter into one or more contracts to implement the payment arrangement that is provided for in section 48 of P.L.2002, c.43 (C.52:27BBB-47). The contract or contracts shall provide for payment by the State Treasurer of the amounts required to be paid pursuant to section 48 of P.L.2002, c.43 (C.52:27BBB-47) and shall set forth the procedure for the transfer of moneys for the purpose of paying such moneys. The contract or contracts shall contain such terms and conditions as are determined by the parties, and shall include, but not be limited to, terms and conditions necessary pursuant to P.L.2002, c.43 (C.52:27BBB-1 et al.); provided, however, that notwithstanding any other provision of any law, rule, regulation or order to the contrary, the authority shall be paid only such funds as shall be determined by the contract or contracts and further provided that the incurrence of any obligation of the State under the contract or contracts, including any payments to be made thereunder from the General Fund, shall be subject to and dependent upon appropriations being made from time to time by the Legislature for the purposes of P.L.2002, c.43 (C.52:27BBB-1 et al.).