18A:72A-61 "Higher Education Technology Infrastructure Fund."
105 words·~1 min read·
/nj/title-18a/chapter-72a/18a-72a-61·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
3. There is created within the New Jersey Educational Facilities Authority, established pursuant to N.J.S.18A:72A-1 et seq., the "Higher Education Technology Infrastructure Fund," hereinafter referred to as the "technology fund." The technology fund shall be maintained as a separate account and administered by the authority to carry out the provisions of this act. The technology fund shall consist of:
a. moneys received from the issuance of bonds or notes pursuant to section 7 of P.L.1997, c.238 (C.18A:72A-65);
b. all moneys appropriated by the State for the purposes of the fund; and
c. all interest and investment earnings received on moneys in the technology fund.
L.1997,c.238,s.3.