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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 27H

52:27H-64. Authority allocated to Commerce and Economic Development

93 words·~1 min read·/nj/title-52/chapter-27h/52-27h-64·

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5. For purposes of compliance with Article V, Section IV, paragraph 1 of the Constitution of the State of New Jersey, the authority created by this act is allocated to the Department of Commerce and Economic Development. All clerical and professional assistants, and all personnel, procurement, budgetary and other administrative services necessary or incidental to its proper functioning shall be provided by and through that department. The authority shall, subject to the availability of funds, reimburse the department for all administrative services provided to the authority pursuant to this section.
L.1983,c.303,s.5; amended 1993,c.367,s.2.
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