New Jersey § 18a:22-42
Full text of New Jersey New Jersey Statutes § 18a:22-42, with citation guidance and answers to common questions.
§ 18a:22-42.
The board of education of any such district may borrow in anticipation of taxes to
be raised, levied and collected to provide for said expenditures, or any part thereof,
the sum or sums so authorized, upon its promissory notes bearing interest at a rate
or rates not to exceed 6% per annum, maturing not later than December 31 of the year
in which such taxes shall be raised, levied and collected, and the principal and interest
of the notes shall be paid out of the sum so raised not later than the date of maturity
of said notes.
Frequently Asked Questions About New Jersey § 18a:22-42
What does New Jersey Statutes § 18a:22-42 cover?
Section 18a:22-42 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 § 18a:22-42?
A common citation format is "New Jersey Statutes § 18a:22-42" (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 § 18a:22-42 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.