New Jersey § 18a:7f-5
Full text of New Jersey New Jersey Statutes § 18a:7f-5, with citation guidance and answers to common questions.
§ 18a:7f-5.
a. Proceeds from the sale and lease-back of textbooks and non-consumable instructional
materials shall not be considered miscellaneous local general fund revenue for the
purpose of calculating the net budget . b. A board of education may establish a reserve account in the general fund with all
or a part of the proceeds from the sale and lease-back of textbooks and non-consumable
instructional materials provided that subsequent appropriations from the reserve account
shall only be made within the original budget certified for taxes or as approved by
the commissioner for good cause.
Frequently Asked Questions About New Jersey § 18a:7f-5
What does New Jersey Statutes § 18a:7f-5 cover?
Section 18a:7f-5 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:7f-5?
A common citation format is "New Jersey Statutes § 18a:7f-5" (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:7f-5 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.