N.J. Admin. Code § 17:16-17.1

Current through Register Vol. 56, No. 24, December 18, 2024
Section 17:16-17.1 - Definitions

The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise:

"Public authority" means any state or any political subdivision thereof, any authority, department, district, or commission, or any agency or instrumentality of any of the foregoing, or any agency or instrumentality of the Federal government, or a commission or other public body created by an Act of Congress or pursuant to a compact between any two or more states.

"Public authority revenue obligations" means any bonds or other interest-bearing obligations of a public authority, the principal and interest of which are by their terms payable from a specified revenue source.

"State and municipal general obligations" shall mean debt obligations of any state or any municipal or political subdivision thereof that are backed by the full faith and credit of the obligor.

N.J. Admin. Code § 17:16-17.1

New Rule, R.2006 d.317, effective 9/5/2006.
See: 38 N.J.R. 2039(a), 38 N.J.R. 3632(a).
Former N.J.A.C. 17:16-17.1, Applicable funds, recodified to N.J.A.C. 17:16-17.2.
Amended by R.2009 d.316, effective 10/19/2009.
See: 41 N.J.R. 2635(a), 41 N.J.R. 3959(a).
Substituted definition "State and municipal general obligations" for definition "New Jersey State and municipal general obligations"; and in definition "State and municipal general obligations", substituted "any state" for "the State of New Jersey".
Amended by R.2014 d.038, effective 3/3/2014.
See: 45 N.J.R. 1477(a), 46 N.J.R. 442(a).
Added definitions "Public authority" and "Public authority revenue obligations".