New Jersey § 18a:64a-22
Full text of New Jersey New Jersey Statutes § 18a:64a-22, with citation guidance and answers to common questions.
§ 18a:64a-22.
At any time within one year of the certification by the State Treasurer to the board
of chosen freeholders , the county college at which the capital project is located, and the New Jersey Educational
Facilities Authority pursuant to section 2 of P.L.1971, c. 12 ( C.18A:64A-22.2 ) , the board of chosen freeholders is authorized to issue bonds, or notes in anticipation thereof, in an aggregate amount
not exceeding the amount set forth in the treasurer's certification. Bonds or notes may also be issued by the New Jersey Educational Facilities Authority
pursuant to the provisions of the “County College Capital Projects Fund Act,” P.L.1997, c. 360 ( C.18A:72A-12.2 et seq. ) or by another legally empowered issuer in an aggregate amount not exceeding the
amount set forth in the State Treasurer's certification. Bonds issued by any issuer other than the authority or the board of chosen freeholders
pursuant to the “County College Capital Projects Fund Act,” P.L.1997, c. 360 ( C.18A:72A-12.2 et seq. ) shall be subject to the provisions of P.L.1971, c. 12 ( C.18A:64A-22.1 et seq. ) in the same manner as bonds or notes issued by the board of chosen freeholders;
provided that in the event bonds or notes are issued by another legally empowered
issuer, the bonds or notes shall be sold by the issuer by competitive sale unless
the State Treasurer expressly consents in writing to a negotiated sale of the bonds
or notes by the issuer. Such bonds shall be in addition to the sums authorized to be borrowed by said board
pursuant to N.J.S.18A:64A-19 for the purpose of funding the county share of such capital projects. No bonds or notes , other than bonds or notes issued by the New Jersey Educational Facilities Authority
as authorized pursuant to the “County College Capital Projects Fund Act,” P.L.1997, c. 360 ( C.18A:72A-12.2 et seq. ), shall be issued pursuant to this act bearing an interest rate in excess of a maximum
rate theretofore specified by the State Treasurer and, in the case of bonds, unless
the State Treasurer has theretofore approved the maturity schedule for the repayment
of said bonds.
Frequently Asked Questions About New Jersey § 18a:64a-22
What does New Jersey Statutes § 18a:64a-22 cover?
Section 18a:64a-22 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:64a-22?
A common citation format is "New Jersey Statutes § 18a:64a-22" (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:64a-22 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.