New Jersey § 18a:24-57
Full text of New Jersey New Jersey Statutes § 18a:24-57, with citation guidance and answers to common questions.
§ 18a:24-57.
The amount of interest upon any obligation issued for school purposes, and of any
part of the principal thereof not provided to be paid in any other manner, falling
due in any one year shall be: 1. Certified to the governing body of each municipality comprising a type I district
by the clerk of the municipality for inclusion in the budget of the municipality and
shall be included in the annual tax levy and shall be raised by taxation in the municipality;
or 2. Included in the budget of each type II district for such year and shall be separately
certified by the secretary of the board of education to the county board of taxation
of the county and in each district consisting of but one municipality, the whole amount
thereof shall be raised by special tax in the district and in each district composed
of more than one municipality, the amount apportioned to such municipality according
to law shall be raised by special tax in the municipality.
Frequently Asked Questions About New Jersey § 18a:24-57
What does New Jersey Statutes § 18a:24-57 cover?
Section 18a:24-57 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:24-57?
A common citation format is "New Jersey Statutes § 18a:24-57" (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:24-57 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.