N.J.S. § 13:18A-39 - $10,000 guarantee minimum

• Cite as: N.J.S. § 13:18A-39

The bank is authorized to guarantee the value of a pinelands development credit in an amount not less than $10,000.00, or a fraction of that amount which reflects that portion of a pinelands development credit allocated to the applicant pursuant to the provisions of the comprehensive management plan, provided that the value upon which the guarantee is made may be adjusted in accordance with the provisions of se...