New Jersey Administrative Code
Title 7 - ENVIRONMENTAL PROTECTION
Chapter 26 - SOLID WASTE
Subchapter 14A - RESOURCE RECOVERY AND SOLID WASTE DISPOSAL FACILITY LOANS
Section 7:26-14A.14 - Administration and performance of loan
Universal Citation: NJ Admin Code 7:26-14A.14
Current through Register Vol. 56, No. 6, March 18, 2024
The borrower bears primary responsibility for the administration and use of loan proceeds. Although borrowers are encouraged to seek the advice and opinion of the Department on problems that may arise, the giving of such advice shall not shift the responsibility for final decisions from the borrower to the Department. The primary concern of the Department is that loan funds awarded be used in conformance with this subchapter and the loan agreements to achieve loan objective and to insure that the purposes set forth in the Resource Recovery and Solid Waste Disposal Facility Bond Act of 1985 are fully executed.
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