New Jersey § 18a:24-77
Full text of New Jersey New Jersey Statutes § 18a:24-77, with citation guidance and answers to common questions.
§ 18a:24-77.
The authorization provided for in section 2 of this act 1 shall be granted in any case in which it shall appear to the Division of Local Finance
that the issuing board is reasonably likely to be able to sell a sufficient number
of bonds under this act as to accomplish its purpose. Such authorization shall be granted in any case where the total amount of the borrowing
which is authorized to be expended for school purposes is not in excess of $250,000.00,
or in the alternative, where such amount represents an average of not more than $25.00
per capita of the population of the district. 1
N.J.S.A. § 18A:24-67.
Frequently Asked Questions About New Jersey § 18a:24-77
What does New Jersey Statutes § 18a:24-77 cover?
Section 18a:24-77 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:24-77?
A common citation format is "New Jersey Statutes § 18a:24-77" (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:24-77 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.