The authority shall have an original capitalization of five million dollars ($5,000,000.00) which shall be subscribed by the Treasurer of the State of New Jersey, and which is hereby appropriated out of the Post-War Reserve Account of the General State Fund or the balance held as reserve for post-war needs or to meet expenditures of an emergency nature in the State Highway System Fund.
N.J. Stat. Ann. § 38:23B-4
Capitalization
Known as the Veterans' Loan Act
The act spans §§ 38:23B-1 to 38:23B-9.1 (36 sections).
L.1944, c. 126, p. 345, s. 4.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.