of Higher Educ. v. Shelton College, 90 N.J. 470, 490, 448 A.2d 988 (1982), this Court enjoined an unlicensed college from granting degrees but allowed the school to award credits and degrees to junior and senior students in recognition of the students’ pursuit of educational goals in good faith reliance on the credibility of the institution. Similarly, in Salorio, supra, despite this Court’s declaration that the Emergency Transportation Tax Act, N.J.S.A 54:8A-1 to -57, was unconstitutional, this Court applied the decision prospectively because of the State’s reliance on the taxing statute as a significant source of revenue contributing to the solution of the State’s fiscal problems. 93 N.J. at 467, 461 A.2d 1100. See also Passaic v. Local Fin. Bd., 88 N.J. 293, 303, 441 A.2d 736 (1982) (<HOLDING>). In other cases, we examined the effect that
holding that bad faith includes lack of good faith in investigating the facts of a complaint holding that despite municipalitys possible lack of good faith in adopting emergency appropriation request in violation of njsa 40a446 court would not review appropriation because expenditures in reliance thereon could not be undone holding lack of prejudice to the defendant is not good cause holding that while the creditor has the initial burden to produce some evidence of lack of good faith the ultimate burden is on the debtor to prove his good faith holding forbearance to sue is a good consideration for a promise founded thereon and it is only essential that the claim be asserted in good faith