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XML document 2A:37-41.1. Loan of moneys in separate fund to Rutgers University
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 2A ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE
...  2A: 37-41.1. Loan of moneys in separate fund to Rutgers University 2A: 37-41.1. Loan of moneys in separate fund to Rutgers University From the fund established by section 2A:37-41 of the New Jersey Statutes, the State Treasurer is hereby authorized to lend to Rutgers, the State University, a sum not exceeding $1,000,000.00 for the purpose of constructing student dormitories and related capital facilities. Any such loan shall be repaid in equal annual installments over a period of 20 years commencing July 1, 1962 at a rate of interest equal to 4...

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