N.J. Admin. Code § 7:22-6.25 - Assignment
Current through Register Vol. 54, No. 7, April 4, 2022
The right of a recipient to receive disbursements from the State under a Pinelands grant or loan may not be assigned, nor may repayments due under a Pinelands loan be similarly encumbered, unless such assignment or encumbrance has been approved in writing pursuant to the conditions set forth in the Pinelands grant or loan agreement.
See: 23 New Jersey Register 3282(a), 24 New Jersey Register 246(a).
Modified to reflect that assignment of loan disbursements and/or repayments (although expected to be an unlikely event) may be allowed if approved by the Department pursuant to the conditions of the Fund loan agreement.
The following state regulations pages link to this page.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.