New Jersey § 18a:24-58

Full text of New Jersey New Jersey Statutes § 18a:24-58, with citation guidance and answers to common questions.

§ 18a:24-58.

If funds are not available to pay the principal or interest falling due on any obligation

of a type II district, in full or in part, for the reason that no such certified statement

or an incorrect statement was transmitted to the county board of taxation, the board

of education of the district shall execute and deliver promissory notes for the amount

thereof not so certified and pay the amount so borrowed together with interest thereon

at a rate not exceeding 6% per annum, and any such amount so borrowed together with

interest shall be included in the next ensuing certified statement to the county board

of taxation.

Frequently Asked Questions About New Jersey § 18a:24-58

What does New Jersey Statutes § 18a:24-58 cover?

Section 18a:24-58 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:24-58?

A common citation format is "New Jersey Statutes § 18a:24-58" (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:24-58 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.