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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 18A

52:18A-168. Costs to be recovered by service charge or from private organization with contract for administration

93 words·~1 min read·/nj/title-52/chapter-18a/52-18a-168

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No significant costs shall be incurred by the State as a result of this act unless such costs are recovered by charging and collecting a service charge from all participating employees and in addition thereto or in lieu thereof such costs are recovered from any private organization or organizations with which the board has contracted for the administration of all or part of the plan. The amount of any costs incurred and to be recovered by the State shall be determined by the board.
L.1978, c. 39, s. 6, eff. June 19, 1978.
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