New Jersey § 18a:56-14
Full text of New Jersey New Jersey Statutes § 18a:56-14, with citation guidance and answers to common questions.
§ 18a:56-14.
All real estate held by the trustees for the support of public schools and all real
estate that may be acquired by them under foreclosure proceedings shall be sold, either
at private or public sale, at such times and at such prices as will, in the judgment
of the board of trustees, be for the best interest of the state. The board may advertise such properties, either at private or public sale, in such
manner as it shall determine. The proceeds of the sale shall be paid into the school fund, and shall be invested
as other moneys of the fund are invested. The board may lend to the purchaser of any such real estate, one half of the amount
of purchase money, the loan to be secured by bond and mortgage on the premises so
purchased.
Frequently Asked Questions About New Jersey § 18a:56-14
What does New Jersey Statutes § 18a:56-14 cover?
Section 18a:56-14 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:56-14?
A common citation format is "New Jersey Statutes § 18a:56-14" (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:56-14 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.