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New Jersey Statutes, Title: 18A, EDUCATION

    Chapter 21: Capital projects; description

      Section: 18A:21-3: Earnings credited to capital reserve accounts.

          
18A:21-3. The account shall be established by resolution of the board of school estimate or the board of education, as the case may be, in such form as shall be prescribed by the commissioner, a true copy of which shall be filed with the department. The account shall include the earnings attributable to the investment of the assets of the account.

Amended 1990, c.52, s.39; 1993, c.80, s.2; 1996, c.138, s.51; 2007, c.260, s.51.



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






Older versions of 18a:21-3 (if available):



Court decisions that cite this statute: CLICK HERE.