Establishment of reserves

N.J.S.A. 34:1B-7.33, under Chapter 1B.

N.J.S.A. 34:1B-7.33

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.