New Jersey § 18a:8-8
Full text of New Jersey New Jersey Statutes § 18a:8-8, with citation guidance and answers to common questions.
§ 18a:8-8.
In calculating the amount of indebtedness to be assumed, any indebtedness authorized
for the purchase or improvement of land or the erection, alteration, repair or furnishing
of schoolhouses shall be included, whether incurred or not, and shall be treated as
if the bonds or notes authorized to be issued to provide funds therefor had actually
been issued, and the original cost of the acquisition or improvement so to be made
shall be deemed to be the amount of indebtedness authorized for the making thereof.
Frequently Asked Questions About New Jersey § 18a:8-8
What does New Jersey Statutes § 18a:8-8 cover?
Section 18a:8-8 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:8-8?
A common citation format is "New Jersey Statutes § 18a:8-8" (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:8-8 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.