New Jersey § 18a:55-3
Full text of New Jersey New Jersey Statutes § 18a:55-3, with citation guidance and answers to common questions.
§ 18a:55-3.
As a condition of receiving State aid, a school district shall: a. examine all available group options for every insurance policy held by the district,
including any self-insurance plan administered by the New Jersey School Boards Association
Insurance Group on behalf of districts, and shall participate in the most cost effective
plans; b. take steps to maximize the district's participation in the federal Universal Service
Program (E-rate) and the ACT telecommunications program offered through the New Jersey
Association of School Business Officials; c. participate in the Alliance for Competitive Energy Services (ACES) Program offered
through the New Jersey School Boards Association, unless the district is able to demonstrate
to the commissioner that it receives goods or services at a cost less than or equal
to the cost achieved by participants in the program; d. take appropriate steps to maximize the district's participation in the Special
Education Medicaid Initiative (SEMI) Program, with maximum participation defined by
the commissioner; and e. refinance all outstanding debt for which a 3% net present value savings threshold
is achievable.
Frequently Asked Questions About New Jersey § 18a:55-3
What does New Jersey Statutes § 18a:55-3 cover?
Section 18a:55-3 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:55-3?
A common citation format is "New Jersey Statutes § 18a:55-3" (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:55-3 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.