# N.J. Stat. § 55:19-9: Loans for "projects."

> New Jersey · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-9

## Section

- **Citation:** N.J. Stat. § 55:19-9
- **Heading:** Loans for "projects."
- **Jurisdiction:** New Jersey
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NJ Code / Title 55 / Chapter 19 / Section 19-9

## Text

The corporation, or any subsidiary, may make loans to any individual, partnership, trust, association or corporation for the purpose of enabling such entity to undertake any work, improvement or other activity in a qualified municipality which, if undertaken by the corporation or a subsidiary, would be a "project" within the meaning of section 3 of this act. The corporation, or any subsidiary, may also pledge its credit for the repayment of any such loan made for like purposes by any financial institution in the State. L. 1985, c. 227, s. 9, eff. July 8, 1986.

## Nearby sections

- [N.J. Stat. § 55:19-1 Short title](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-1.md)
- [N.J. Stat. § 55:19-2 Findings, declarations](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-2.md)
- [N.J. Stat. § 55:19-3 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-3.md)
- [N.J. Stat. § 55:19-4 Urban Development Corporation](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-4.md)
- [N.J. Stat. § 55:19-5 Coordination with other State programs; advisory council](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-5.md)
- [N.J. Stat. § 55:19-6 Powers of the corporation](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-6.md)
- [N.J. Stat. § 55:19-7 Subsidiary corporations](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-7.md)
- [N.J. Stat. § 55:19-8 Joint ventures](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-8.md)
- [N.J. Stat. § 55:19-9 Loans for "projects."](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-9.md)
- [N.J. Stat. § 55:19-10 Subsidiary stock issuance](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-10.md)
- [N.J. Stat. § 55:19-11 Self-dealing prohibition](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-11.md)
- [N.J. Stat. § 55:19-12 Authorized investment](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-12.md)
- [N.J. Stat. § 55:19-13 Employment tax credit](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-13.md)
- [N.J. Stat. § 55:19-14 No eminent domain; municipal regulation](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-9. Check the current official text before relying on it. Not legal advice.