34:1B-268.8 Director to manage "social innovation loan fund."
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/nj/title-34/chapter-1b/34-1b-268-8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
6. a. The authority shall appoint a director to manage the activities associated with the "social innovation loan fund" established pursuant to section 5 of P.L.2021, c.434 (C.34:1B-268.7). The director shall receive compensation as determined by the authority.
b. Except as provided in subsection a. of this section, the activities required pursuant to P.L.2021, c.434 (C.34:1B-268.3 et seq.) shall only be staffed from existing authority staff resources.
L.2021, c.434, s.6.