New Jersey § 40a:10-36
Full text of New Jersey New Jersey Statutes § 40a:10-36, with citation guidance and answers to common questions.
§ 40a:10-36.
The governing body of any local unit that has established a joint insurance fund may
by resolution or ordinance, as appropriate, establish a joint insurance revolving
fund into which may be deposited any refunds paid to the local unit by the joint insurance
fund to be dedicated for the payment of liabilities to the fund in future years. In no event shall amounts deposited in a joint insurance revolving fund exceed the
annual amount contributed by the local unit to the joint insurance fund during the
prior year. Moneys appropriated from the joint insurance revolving fund shall be used by the local
unit to cover losses attributable to claims being paid by the joint insurance fund
in future years which exceed contributions paid into the joint insurance fund by the
local unit.
Frequently Asked Questions About New Jersey § 40a:10-36
What does New Jersey Statutes § 40a:10-36 cover?
Section 40a:10-36 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 § 40a:10-36?
A common citation format is "New Jersey Statutes § 40a:10-36" (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 § 40a:10-36 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.