reglab/housing_qa huggingface dataset:
NJ Rev Stat § 18A:72A-12.1 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-12.1 - Investment or reinvestment of funds

18A:72A-12.1. Investment or reinvestment of funds  All functions, powers and duties relating to the investment or reinvestment of funds within the jurisdiction of the authority including the purchase, sale or exchange of any investments or securities may, at the request of the authority, be exercised and performed by the director of the Division of Investment, in accordance with written directions of the authority signed by an authorized officer. L.1968, c. 400, s. 1, eff. Jan. 10, 1969.
NJ Rev Stat § 18A:72A-12.2 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-12.2 - Short title.

18A:72A-12.2 Short title.  1. Sections 1 through 4 of this act shall be known and may be cited as the "County College Capital Projects Fund Act." L.1997,c.360,s.1.
NJ Rev Stat § 18A:72A-12.3 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-12.3 - Findings, declarations relative to county college capital projects fund.

18A:72A-12.3 Findings, declarations relative to county college capital projects fund.  2. The Legislature finds and declares that: a. Higher education plays a vital role in the economic development of the nation and the State by providing the education and training of the work force of the future; b. The county colleges serve a vital role in the educational system of the State by providing students with an affordable means of obtaining higher education, thereby providing opportunities to the residents of the State which would not otherwise be available; c. County colleges and the residents of the State would benefit from additional funds and resources enabling counties to undertake and complete county college capital projects; d. It would therefore be appropriate for the New Jersey Educational Facilities Authority created pursuant to N.J.S.18A:72A-1 et seq. to enter into contracts with counties and the State Treasurer to provide for the financing of county college capital projects. L.1997,c.360,s.2.
NJ Rev Stat § 18A:72A-12.4 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-12.4 - County college capital projects fund, established.

18A:72A-12.4 County college capital projects fund, established.  3. a. There is created within the New Jersey Educational Facilities Authority, established pursuant to chapter 72A of Title 18A of the New Jersey Statutes, hereinafter referred to as the "authority," a county college capital projects fund to finance county college capital projects. The authority may issue bonds to finance the State share of county college capital projects and the county share of county college capital projects as certified by the State Treasurer pursuant to section 2 of P.L.1971, c.12 (C.18A:64A-22.2). The State Treasurer is hereby authorized to enter into a contract with the authority pursuant to which the State Treasurer, subject to available appropriation, shall pay the amount necessary to pay the principal and interest on bonds and notes of the authority issued to finance the State share of county college capital projects. The authority may enter into a loan agreement with each county in which a county college capital project is located for the purpose of funding the county share of the applicable county college capital project. b. The authority may from time to time issue bonds or notes in an amount sufficient to finance county college capital projects and which shall also finance the administrative costs and any reserves or other issuance costs associated with the issuance of bonds or notes. The authority shall issue the bonds or notes in such manner as it shall determine in accordance with the provisions of this act and the "New Jersey educational facilities authority law," N.J.S.18A:72A-1 et seq. The authority shall not issue any bonds or notes pursuant to this section without the prior written consent of the State Treasurer. L.1997,c.360,s.3.
NJ Rev Stat § 18A:72A-12.5 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-12.5 - Loan agreement to issue bonds, notes.

18A:72A-12.5 Loan agreement to issue bonds, notes.  4. a. At any time within one year of the certification by the State Treasurer to the board of chosen freeholders, the county college at which the capital project is located, and the authority, pursuant to section 2 of P.L.1971, c.12 (C.18A:64A-22.2), the board of chosen freeholders is authorized, in lieu of issuing bonds or notes pursuant to N.J.S.18A:64A-19, to enter into a loan agreement with the authority for the issuance of bonds or notes of the authority to fund the county share of the capital project. The county shall issue bonds and notes to the authority which shall be delivered to the authority to evidence the loan, and which shall be the source of payment for the bonds or notes issued by the authority to finance the county share of the capital project. The loan evidenced by the bonds or notes may be made subject to such terms and conditions as the authority determines to be consistent with the purposes thereof. Each loan by the authority shall be subject to approval by the State Treasurer and shall be evidenced by notes or bonds issued by the county which shall be authorized and issued as provided by law for the issuance of notes and bonds by the county. A loan to a county, and the notes, bonds or other obligations thereby issued shall bear interest at a rate or rates per annum as may be agreed upon by the authority and the county.  b. Any bonds or notes authorized by the county to be issued to the authority or to another entity for the purpose of funding the county share of a county college capital project shall be in addition to the sums authorized to be borrowed by the board of chosen freeholders pursuant to the provisions of N.J.S.18A:64A-19 for the purpose of funding the county's share of capital projects, and the additional borrowing, if entered into by the county, shall constitute a deduction from the gross debt of the county and shall not be considered in determining its net debt for debt incurring purposes.  L.1997,c.360,s.4.
NJ Rev Stat § 18A:72A-12.6 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-12.6 - "Dormitory Safety Trust Fund."

18A:72A-12.6 "Dormitory Safety Trust Fund."  6. a. There is created within the New Jersey educational facilities authority established pursuant to N.J.S.18A:72A-4, the "Dormitory Safety Trust Fund," hereinafter referred to as the "trust fund." The trust fund shall be maintained as a separate account and administered by the authority to carry out the provisions of P.L.2000, c.56 (C.52:27D-198.7 et al.). There shall be paid into this fund: (1) moneys received from the sale of bonds or notes issued pursuant to section 8 of P.L.2000, c.56 (C.18A:72A-12.8); (2) moneys appropriated by the Legislature, including moneys as may be appropriated annually in an amount sufficient to pay the principal and interest on the bonds or notes; (3) all interest and investment earnings received on the moneys in the trust fund; and (4) all repayments of loans authorized pursuant to P.L.2000, c.56 (C.52:27D-198.7 et al.). b. The trust fund shall be used to provide loans to the schools and institutions of higher education which are required pursuant to P.L.2000, c.56 (C.52:27D-198.7 et al.) to install automatic fire suppression systems, for the cost, or a portion of the cost, of the construction, reconstruction, development, extension or improvement of dormitory safety facilities, including fire prevention and sprinkler systems. L.2000,c.56,s.6.
NJ Rev Stat § 18A:72A-13 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-13 - Bondholders; enforcement of rights

18A:72A-13. Bondholders; enforcement of rights  Any holder of bonds issued under the provisions of this chapter or any of the coupons appertaining thereto, and the trustee or trustees under any trust agreement, except to the extent the rights herein given may be restricted by any resolution authorizing the issuance of, or any such trust agreement securing, such bonds, may, either at law or in equity, by suit, action, mandamus or other proceedings, protect and enforce any and all rights under the laws of the state or granted hereunder or under such resolution or trust agreement, and may enforce and compel the performance of all duties required by this chapter or by such resolution or trust agreement to be performed by the authority or by any officer, employee or agent thereof, including the fixing, charging and collecting of the rates, rents, fees and charges herein authorized and required by the provisions of such resolution or trust agreement to be fixed, established and collected. L.1967, c.271.
NJ Rev Stat § 18A:72A-14 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-14 - Refunding bonds; additional purposes

18A:72A-14. Refunding bonds; additional purposes  (a) The authority is hereby authorized to provide for the issuance of bonds of the authority for the purpose of refunding any bonds of the authority then outstanding, including the payment of any redemption premium thereon and any interest accrued or to accrue to the earliest or subsequent date of redemption, purchase or maturity of such bonds, and, if deemed advisable by the authority, for the additional purpose of paying all or any part of the cost of constructing and acquiring additions, improvements, extensions or enlargements of a project or any portion thereof. (b) The proceeds of any such bonds issued for the purpose of refunding outstanding bonds may, in the discretion of the authority, be applied to the purchase or retirement at maturity or redemption of such outstanding bonds either on their earliest or any subsequent redemption date or upon the purchase or at the maturity thereof and may, pending such application, be placed in escrow to be applied to such purchase or retirement at maturity or redemption on such date as may be determined by the authority. (c) Any such escrowed proceeds, pending such use, may be invested and reinvested in obligations of or guaranteed by the United States of America, or in certificates of deposit or time deposits secured by obligations of or guaranteed by the United States of America, maturing at such time or times as shall be appropriate to assure the prompt payment, as to principal, interest and redemption premium, if any, of the outstanding bonds to be so refunded. The interest, income and profits, if any, earned or realized on any such investment may also be applied to the payment of the outstanding bonds to be so refunded. After the terms of the escrow have been fully satisfied and carried out, any balance of such proceeds and interest, income and profits, if any, earned or realized on the investments thereof may be returned to the authority for use by it in any lawful manner. (d) The portion of the proceeds of any such bonds issued for the additional purpose of paying all or any part of the cost of constructing and acquiring additions, improvements, extensions or enlargements of a project may be invested and reinvested in obligations of or guaranteed by the United States of America, or in certificates of deposit or time deposits secured by obligations of or guaranteed by the United States of America, maturing not later than the time or times when such proceeds will be needed for the purpose of paying all or any part of such cost. The interest, income and profits, if any, earned or realized on such investment may be applied to the payment of all or any part of such cost or may be used by the authority in any lawful manner. (e) All such bonds shall be subject to the provisions of this chapter in the same manner and to the same extent as other bonds issued pursuant to this chapter. L.1967, c.271.
NJ Rev Stat § 18A:72A-15 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-15 - Bonds as legal investments

18A:72A-15. Bonds as legal investments  Bonds and notes issued by the authority under the provisions of this chapter are hereby made securities in which the state and all political subdivisions of the state, their officers, boards, commissions, departments or other agencies, all banks, bankers, savings banks, trust companies, savings and loan associations, investment companies and other persons carrying on a banking business, all insurance companies, insurance associations, and other persons carrying on an insurance business, and all administrators, executors, guardians, trustees and other fiduciaries, and all other persons whatsoever who now are or may hereafter be authorized to invest in bonds or other obligations of the state, may properly and legally invest any funds, including capital belonging to them or within their control; and said bonds, notes or other securities or obligations are hereby made securities which may properly and legally be deposited with and received by any state or municipal officers or agency of the state for any purpose for which the deposit of bonds or other obligations of the state is now or may hereafter be authorized by law. L.1967, c.271
NJ Rev Stat § 18A:72A-16 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-16 - Chapter complete authority for issuance of bonds

18A:72A-16. Chapter complete authority for issuance of bonds  Bonds may be issued under the provisions of this chapter without obtaining the consent of any department, division, commission, board, bureau, agency or officer of the state, and without any other proceedings or the happening of any other conditions or things than those proceedings, conditions and things which are specifically required by this chapter. L.1967, c.271.
NJ Rev Stat § 18A:72A-17 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-17 - Power to mortgage

18A:72A-17. Power to mortgage  The authority shall not have power to mortgage any of its real property or projects. L.1967, c.271.
NJ Rev Stat § 18A:72A-18 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-18 - Exemptions from taxes; bonds; property

18A:72A-18. Exemptions from taxes; bonds; property  The exercise of the powers granted by this chapter will be in all respects for the benefit of the people of this state, for the increase of their commerce, welfare and prosperity, and for the improvement of their health and living conditions, and as the operation and maintenance of a project by the authority or its agent will constitute the performance of an essential public function, neither the authority nor its agent shall be required to pay any taxes or assessments upon or in respect of a project or any property acquired or used by the authority or its agent under the provisions of this chapter or upon the income therefrom, and any bonds issued under the provisions of this chapter, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation of every kind by the state and by the municipalities and other political subdivisions in the state. L.1967, c.271.
NJ Rev Stat § 18A:72A-19 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-19 - Restriction on alteration of powers

18A:72A-19. Restriction on alteration of powers  The state of New Jersey does pledge to and agree with the holders of the bonds, notes and other obligations issued pursuant to authority contained in this chapter, and with those parties who may enter into contracts with the authority pursuant to the provisions of this chapter, that the state will not limit, alter or restrict the rights hereby vested in the authority and the participating colleges to maintain, construct, reconstruct and operate any project as defined in this chapter or to establish and collect such rents, fees, receipts or other charges as may be convenient or necessary to produce sufficient revenues to meet the expenses of maintenance and operation thereof and to fulfill the terms of any agreements made with the holders of bonds authorized by this chapter, and with the parties who may enter into contracts with the authority pursuant to the provisions of this chapter, or in any way impair the rights or remedies of the holders of such bonds or such parties until the bonds, together with interest thereon, are fully paid and discharged and such contracts are fully performed on the part of the authority. The authority as a public body corporate and politic shall have the right to include the pledge herein made in its bonds and contracts. L.1967, c.271.
NJ Rev Stat § 18A:72A-20 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-20 - Authority not subject to 18A:62-2

18A:72A-20. Authority not subject to 18A:62-2  In carrying out the provisions of this chapter the authority shall not be subject to the provisions of section 18A:62-2. L.1967, c.271.
NJ Rev Stat § 18A:72A-21 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-21 - Annual report and audit

18A:72A-21. Annual report and audit  On or before March 31 in each year, the authority shall make an annual report of its activities for the preceding calendar year to the governor and the legislature. Each such report shall set forth a complete operating and financial statement covering the authority's operations during the year. The authority shall cause an audit of its books and accounts to be made at least once in each year by certified public accountants. L.1967, c.271.
NJ Rev Stat § 18A:72A-22 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-22 - Contracts of property; conflicts of interest

18A:72A-22. Contracts of property; conflicts of interest  Except as otherwise expressly provided in this chapter, any member, officer, agent or employee of the authority who is interested, either directly or indirectly, in any contract of another with the authority, or in the sale of any property, either real or personal, to the authority, shall be guilty of a misdemeanor. L.1967, c.271.
NJ Rev Stat § 18A:72A-23 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-23 - Comptroller of treasury; powers of examination

18A:72A-23. Comptroller of treasury; powers of examination  The comptroller of the treasury and his legally authorized representatives are hereby authorized and empowered from time to time to examine the accounts and books of the authority, including its receipts, disbursements, contracts, sinking funds, investments and any other matters relating to its financial standing. L.1967, c.271.
NJ Rev Stat § 18A:72A-24 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-24 - Visitorial powers; Governor

18A:72A-24. Visitorial powers; Governor  18A:72A-24. The Governor may visit, examine into and inspect, the authority as an institution under the educational supervision of the State, and may require, as often as desired, duly verified reports therefrom giving such information and in such form as the Governor shall prescribe.  L.1967, c.271; amended 1994,c.48,s.237.
NJ Rev Stat § 18A:72A-25 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-25 - Services of state departments or agencies

18A:72A-25. Services of state departments or agencies  The authority shall be entitled to call to its assistance and avail itself of the services of such employees of any state department or agency as it may require and as may be available to it for said purpose. L.1967, c.271.
NJ Rev Stat § 18A:72A-26 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:72A-26 - Powers and duties of treasurer; institutions under State jurisdiction.

18A:72A-26 Powers and duties of treasurer; institutions under State jurisdiction.  18A:72A-26. In order to provide new dormitories and to enable the construction and financing thereof, to refinance indebtedness hereafter created by the authority for the purpose of providing a dormitory or dormitories or additions or improvements thereto, or for any one or more of said purposes, but for no other purpose unless authorized by law, each of the following bodies shall have the powers hereafter enumerated to be exercised upon such terms and conditions, including the fixing of any consideration or rental to be paid or received, as it shall determine by resolution as to such property and each shall be subject to the performance of the duties hereafter enumerated, that is to say, the treasurer as to such as are located on land owned by the State or by the authority, the board of governors of the university, the board of trustees of the New Jersey Institute of Technology, Rowan University, Montclair State University, or Kean University, the board of trustees of a State college or the board of trustees of a county college as to such as are located on land owned by the university or by the particular college respectively, namely:  a. The power to sell and to convey to the authority title in fee simple in any such land and any existing dormitories thereon owned by the State or owned by the board of trustees of a county college or the power to sell and to convey to the authority such title as the university or the college respectively may have in any such land and any existing dormitories thereon.  b. The power to lease to the authority any land and any existing dormitories thereon so owned for a term or terms not exceeding 50 years each.  c. The power to lease or sublease from the authority, and to make available, any such land and existing dormitories conveyed or leased to the authority under subsections a. and b. of this section, and any new dormitories erected upon such land or upon any other land owned by the authority, any rentals to be payable, as to the university or as to any such college from available funds other than moneys appropriated to it by the State.  d. The power and duty, upon receipt of notice of any assignment by the authority of any lease or sublease made under subsection c. of this section, or of any of its rights under any such lease or sublease, to recognize and give effect to such assignment, and to pay to the assignee thereof rentals or other payments then due or which may become due under any such lease or sublease which has been so assigned by the authority. amended 1971, c.77, s.1; 1994, c.48, s.238; 2012, c.45, s.104; 2017, c.178, s.61; 2021, c.282, s.63.