New Jersey § 18a:24-12
Full text of New Jersey New Jersey Statutes § 18a:24-12, with citation guidance and answers to common questions.
§ 18a:24-12.
School bonds shall be authorized and may be issued: a. by a type II district having a board of school estimate whenever the board of school
estimate shall fix and determine the amount of money necessary to be raised for any
capital project or projects and shall certify said amount pursuant to section 18A:22-30 , the board of education may, by resolution, authorize the issuance of bonds to an
amount not exceeding the amount so certified for such purpose or purposes; or b. by a type II district not having a board of school estimate pursuant to a proposal
adopted by resolution by the board of education of the district in a principal sum
determined therein and upon approval of the proposal contained in such resolution,
by the legally qualified voters of the district, upon its submission to them for their
approval or rejection at an annual school election, held after the date of the adoption
of said resolution by the board of education, or at a special school election held
for that purpose, but no such bonds shall be authorized or issued if the principal sum thereof shall
exceed the limitations prescribed in section 18A:24-19 except upon compliance with the provisions of this article applicable thereto.
Frequently Asked Questions About New Jersey § 18a:24-12
What does New Jersey Statutes § 18a:24-12 cover?
Section 18a:24-12 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:24-12?
A common citation format is "New Jersey Statutes § 18a:24-12" (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:24-12 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.