The trust shall establish the rules and regulations governing the making and use of
loans or guarantees, including, but not limited to, procedures for the submission
of loan guarantee requests, standards for the evaluation of requests, provisions implementing
priority systems for projects, reporting requirements of the recipient of any loan
or guarantee concerning the progress and the expenditure of funds, and limitations,
restrictions or requirements concerning the use of loan funds as the trust shall prescribe;
provided that the rules and regulations shall be in compliance with the terms and
provisions of P.L.1985, c. 334 (C.58:11B-1 et seq.),P.L.1997, c. 224 (C.58:11B-10.1 et al.), or sections 22 and 34 through 38 of P.L.2016, c. 56 (C.58:11B-10.3 through C.58:11B-10.5, C.58:11B-20.2, C.58:11B-22.3, and C.58:11B-22.4) relating to the making of or eligibility for loans or guarantees for environmental
infrastructure projects generally or for any particular type or class of wastewater
treatment system or water supply projects.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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