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New Jersey Statutes, Title: 40A, MUNICIPALITIES AND COUNTIES

    Chapter 2:

      Section: 40A:2-22.1: Request for determination of period of usefulness.

          
18. A local unit may request, in a form and manner determined by rule and regulation of the Local Finance Board, that the Director of the Division of Local Government Services in the Department of Community Affairs determine a period of usefulness for any capital improvement or property not included in N.J.S.40A:2-22, provided that the maximum period of usefulness so determined shall not exceed 15 years.

L.2007, c.62, s.18.



This section added to the Rutgers Database: 2012-09-26 13:37:52.






Older versions of 40a:2-22.1 (if available):



Court decisions that cite this statute: CLICK HERE.