New Jersey § 40a:2-43
Full text of New Jersey New Jersey Statutes § 40a:2-43, with citation guidance and answers to common questions.
§ 40a:2-43.
Gross debt shall include all bonds and notes issued and authorized but not issued
pursuant to this or any other law by the local unit, or guaranteed by the local unit,
except tax anticipation notes, emergency notes, special emergency notes and utility
revenue notes. Gross debt of a municipality shall also include that amount of the total of all
the bonds and notes issued and authorized but not issued by any school district including
the area of the municipality, which results from the application to such total of
the ratio which the equalized valuation basis of the municipality bears to the sum
of the equalized valuation basis of each municipality in any such school district.
Frequently Asked Questions About New Jersey § 40a:2-43
What does New Jersey Statutes § 40a:2-43 cover?
Section 40a:2-43 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 40a:2-43?
A common citation format is "New Jersey Statutes § 40a:2-43" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 40a:2-43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.