New Jersey § 52:27-51
Full text of New Jersey New Jersey Statutes § 52:27-51, with citation guidance and answers to common questions.
§ 52:27-51.
Any resolution authorizing the issuance of notes or bonds hereunder may provide that
any sums required pursuant to such resolution to be set aside by the school district
for reserve or sinking funds shall be paid to the sinking fund commission of such
school district, and all moneys so paid to such commission shall be held and applied
by it only as in such resolution provided and shall not be commingled with any other
moneys held by such commission. The provisions of chapter 3 of the title Municipalities and Counties ( § 40:3-1 et seq. ), in so far as they relate to the creation, setting aside or maintenance of sinking
funds and the investment, application and disposition thereof, shall have no application
with respect to notes or bonds issued under this article or any reserve or sinking
funds provided therefor.
Frequently Asked Questions About New Jersey § 52:27-51
What does New Jersey Statutes § 52:27-51 cover?
Section 52:27-51 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 § 52:27-51?
A common citation format is "New Jersey Statutes § 52:27-51" (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 § 52:27-51 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.