New Jersey § 18a:24-7

Full text of New Jersey New Jersey Statutes § 18a:24-7, with citation guidance and answers to common questions.

§ 18a:24-7.

If the governing body of any municipality comprising a type I school district or the

board of education of a type II school district shall determine that the limits of

maturities or amounts of annual installments, or both, applicable according to law

to any bonds proposed to be authorized or theretofore authorized but remaining unissued,

would adversely affect the financial position of such municipality or school district,

it may make application in writing to the local finance board in the division of local

finance in the department of community affairs setting forth such determination and

the grounds therefor and requesting approval of a schedule of maturities and annual

installments for such bonds.

Frequently Asked Questions About New Jersey § 18a:24-7

What does New Jersey Statutes § 18a:24-7 cover?

Section 18a:24-7 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:24-7?

A common citation format is "New Jersey Statutes § 18a:24-7" (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:24-7 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.