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New Jersey Statutes, Title: 18A, EDUCATION

    Chapter 13: Application of chapter; government of regional districts

      Section: 18A:13-45: Corporate existence and name; assumption of indebtedness

           The corporate existence of an enlarged regional district shall be continued without interruption from the date of its original creation notwithstanding its enlargement and its corporate name shall remain unchanged unless another corporate name, approved by the state board, shall be adopted by resolution of the regional board of education and shall be certified to the secretary of state.

Each new constituent district shall become responsible, for the indebtedness of the regional district then outstanding or authorized but unissued, as if it had originally constituted a part of the regional district.

L.1967, c.271.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 18a:13-45 (if available):



Court decisions that cite this statute: CLICK HERE.