Section 34:1B-7.33 - Establishment of reserves

NJ Rev Stat § 34:1B-7.33 (2019) (N/A)
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34:1B-7.33. Establishment of reserves

6. The authority shall establish sufficient reserves and liquid reserves to provide a sufficient and actuarially sound basis for its pledges contained in any loan guarantee agreement entered into pursuant to this act.

L.1993,c.358,s.6.