{"data":{"id":"us-nj/n.j.-stat.-18a-72a-51","jurisdiction":"us-nj","citation":"N.J. Stat. § 18A:72A-51","heading":"\"Higher Education Facilities Trust Fund.\"","body":"3.\tThere is created within the New Jersey Educational Facilities Authority, established pursuant to N.J.S.18A:72A-1 et seq., the \"Higher Education Facilities Trust Fund,\" hereinafter referred to as the \"trust fund.\" The trust fund shall be maintained as a separate account and administered by the authority to carry out the provisions of this act.  The trust fund shall consist of:\na.\tmoneys received from the issuance of bonds or notes pursuant to section 9 of P.L.1993, c.375 (C.18A:72A-57) and an annual appropriation in an amount sufficient to pay the principal and interest on the bonds or notes;\nb.\tall moneys appropriated by the State for the purposes of the trust fund; and\nc.\tall interest and investment earnings received on moneys in the trust fund.\nL.1993, c.375, s.3; amended 2017, c.98, s.21.","path":["TITLE 18A EDUCATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"dccd03381789ca89732464270dfbcdded45242aa52fef8d10c77e806a342ad4a","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-18a-72a-50","next":"us-nj/n.j.-stat.-18a-72a-52"},"notice":"GroundRules: Original legal text. Not legal advice."}
