N.J.S.A. 55:14J-42 — Mortgage assistance account

55:14J-42. Mortgage assistance account There is hereby created and established in the department a "Mortgage Assistance Account" which shall consist of: a. All moneys derived from the sale of the "State Mortgage Assistance Bonds" and appropriated from the proceeds of such bond sales. b. Any moneys which the department shall receive in repayment of loans or advances from the Mortgage Assistance Fund established pursuant to P.L.1976, c. 94, notwithstanding the provisions of any act or part thereof. c. Any other moneys made available to the department from any source or sources which the commissioner shall allocate to the fund for the purposes authorized by this act. L.1976, c. 133, s. 2, eff. Dec. 27, 1976.

This is the verbatim text of N.J.S.A. 55:14J-42, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.