New Jersey Statutes 18A:71C-19. Professional or occupational misconduct
Terms Used In New Jersey Statutes 18A:71C-19
- Board: means the board of education. See New Jersey Statutes 18A:1-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department: means the State Department of Education. See New Jersey Statutes 18A:1-1
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
a. Notwithstanding provisions of any law to the contrary, any State professional or occupational licensing board shall define a borrower’s delinquent or default status of any loan made or guaranteed by the authority as misconduct punishable by the denial, suspension, or revocation of the borrower’s professional or occupational license by that board.
b. For the purposes of this section:
“License” means the whole or part of any State agency permit, certificate, approval, registration, charter or similar form of permission to engage in a profession, trade, business or occupation and any notification required to be made to any State agency that a profession, trade, business or occupation is being engaged in or is expected to be commenced; provided that “license” shall not include any original charter or certificate of incorporation granted by any State agency;
“State agency” means the legislative or executive branch of the State, including, but not limited to, any department, board, bureau, commission, division, office, council, agency, or instrumentality thereof, or independent agency, public authority or public benefit corporation.
L.1999,c.46,s.1.