§ 18A:24-1 Definitions
§ 18A:24-2 Borrowing on tuition due from another district
§ 18A:24-3 Borrowing in anticipation of issuance of bonds
§ 18A:24-3.1 Rules and regulations
§ 18A:24-4 Payment of principal of temporary bonds from proceeds of permanent bonds
§ 18A:24-4.1 Borrowing funds for transportation of pupils to and from school saved
§ 18A:24-5 Purposes and maturities for which bonds may be issued
§ 18A:24-6 Bonds payable in installments
§ 18A:24-7 Change of maturities; application to local finance board
§ 18A:24-8 Change of maturities; approval or disapproval by local finance board
§ 18A:24-9 Issuance of bonds in accordance with maturities approved by local finance board
§ 18A:24-9.1 Inclusion of redemption provisions in temporary loan notes or bonds and school bonds
§ 18A:24-10 School bonds, when deemed to be authorized
§ 18A:24-11 Type I districts; authorization of bonds; appropriations and borrowings; procedure to be followed
§ 18A:24-11.1 Newark; school bonds; authorization
§ 18A:24-11.2 Bond authorization process continued
§ 18A:24-12 Type II districts; authorization of bonds
§ 18A:24-12.1 Type II school district without a board of school estimate, bonds, repairs to school facilities, furnishings, equipment, natural disasters, deemed necessary
§ 18A:24-13 Combining issues of bonds
§ 18A:24-13.1 Attorneys; compensation; services on issuance of bonds
§ 18A:24-16 Supplemental debt statements; necessity for and contents
§ 18A:24-17 Supplemental debt statement; preparation with respect to various municipalities; filing
§ 18A:24-18 Presumption of filing and correctness of statements
§ 18A:24-19 School district bonds
§ 18A:24-20 Authorization of bonds in excess of limits prescribed in section 18A:24-19; exception of type I districts
§ 18A:24-21 Manner of authorization of bonds in excess of certain limitations
§ 18A:24-22 Form of ordinance, proposition for confirmation of ordinance or proposal for issuance of bonds under sections 18A:24-20 and 18A:24-21
§ 18A:24-23 Authorization of bonds in excess of limitations prescribed by section 18A:24-19
§ 18A:24-24 Form of ordinance, proposition for confirmation of ordinance or proposal for issuance of bonds under section 18A:24-23
§ 18A:24-25 Submission to commissioner and local finance board; limiting conditions
§ 18A:24-26 Approval or disapproval by commissioner
§ 18A:24-27 Approval or disapproval by local finance board
§ 18A:24-27.1 Authorization to commissioner to certify required grade levels of instruction
§ 18A:24-28 Charter limitations on indebtedness inapplicable
§ 18A:24-28.1 Certain bonds, etc., issued to June 22, 1964 saved
§ 18A:24-29 Issuance of bonds; ordinance, submission to voters
§ 18A:24-30 Transmission of certified copy of bond proposal
§ 18A:24-31 Form; type I districts
§ 18A:24-32 Form and execution; type II districts
§ 18A:24-33 Coupon and registered bonds; conversion, etc.
§ 18A:24-34 Conversion or reconversion of unmatured bonds; lost, defaced or destroyed bonds; reissuance
§ 18A:24-35 Type I districts
§ 18A:24-36 Public sale of bonds
§ 18A:24-37 Notice of sale of bonds
§ 18A:24-38 Contents of notice when proposals are the same
§ 18A:24-39 Special provisions for two or more issues
§ 18A:24-40 Cash premium not to exceed $1,000.00
§ 18A:24-41 Deposit by bidders
§ 18A:24-42 Sealed bids, proposals opened publicly
§ 18A:24-43 Rejection of proposals
§ 18A:24-44 Sale or delivery in installments
§ 18A:24-45 Private sale if no bids at public sale
§ 18A:24-46 Private sale to public agencies
§ 18A:24-47 Payment to custodian; application
§ 18A:24-48 Application of proceeds to new purpose; in districts having boards of school estimate; certification by boards of education
§ 18A:24-49 Application of proceeds to new purpose in type I district; determination by board of school estimate
§ 18A:24-50 New purpose; determination by board of school estimate in type II districts
§ 18A:24-51 New purpose; submission to voters in type II districts having no boards of school estimate
§ 18A:24-52 Approval of submission by commissioner
§ 18A:24-53 Approval by voters
§ 18A:24-54 Transfer of remaining unapplied balance
§ 18A:24-55 Contracts made before issuance of bonds
§ 18A:24-56 Lien of bonds of type II district
§ 18A:24-57 Payment of interest and principal from taxes
§ 18A:24-58 Borrowing to pay principal and interest
§ 18A:24-59 Disposition of funds for payment of principal and interest on obligations
§ 18A:24-60 Cancellation and disposition of paid obligations
§ 18A:24-61 Renewal or refunding of obligations prohibited; exceptions
§ 18A:24-61.1 Funding or refunding bonds at or prior to maturity
§ 18A:24-61.2 Purpose for which refunding bonds may be authorized; exclusions from net school debt
§ 18A:24-61.3 Refunding bond ordinance; manner of sale and issuance
§ 18A:24-61.4 Supplemental debt statement, adoption of refunding bond ordinance; provisions
§ 18A:24-61.5 Certified copy of refunding bond ordinance; filing
§ 18A:24-61.6 Powers and duties of local finance board
§ 18A:24-61.7 Consent by board; considerations; statement of reasons for refusal
§ 18A:24-61.8 Title; dates; interest; denomination; payment; redemption
§ 18A:24-61.9 Sale or exchange of refunding bonds
§ 18A:24-61.10 Sinking fund or reserve fund moneys; payment or retirement of refunded bonds or deposit in trust
§ 18A:24-61.11 Refunding bonds for refunding bonds due over five year period; investments
§ 18A:24-61.12 Powers under this Act and validity of refunding bonds not affected by laws or proceedings
§ 18A:24-62 Authorization of issuance of certain refunding bonds saved
§ 18A:24-63 Bonds authorized prior to change in method of government of school district
§ 18A:24-64 Issuance of bonds authorized prior to effective date of this title
§ 18A:24-65 Expiration date for contesting validity of proceeding, election
§ 18A:24-66 Authorization
§ 18A:24-67 Application for authorization; grant of authorization; certificate; publication of notice of certificate; conclusiveness of validity of bonds
§ 18A:24-68 Purpose of act
§ 18A:24-69 Contracts with financial institutions as agents; terms of advance subscription
§ 18A:24-70 Bond resolution; provisions
§ 18A:24-71 Investment of proceeds; disposition of excess borrowed over authorizations; reserve for payment of bonds
§ 18A:24-72 Maturity date
§ 18A:24-73 Annual installment to retire bonds; calculation; school budget item; sinking fund; disposition of excess
§ 18A:24-74 Temporary borrowings to meet redemptions
§ 18A:24-75 Municipal ordinance for guaranty; authorization
§ 18A:24-76 Modification or revocation of right or interest of bondholder
§ 18A:24-77 Grounds for grant of authorization
§ 18A:24-78 Application to issue of other bonds
§ 18A:24-79 Net debt of board of education; calculation; net debt of municipality
§ 18A:24-80 Exemption from taxation
§ 18A:24-81 Payroll deductions for purchase of bonds
§ 18A:24-82 Legal investment for fiduciaries or other representative
§ 18A:24-83 Bonds as gift to minor or for purchase for beneficiary
§ 18A:24-84 Construction of act; severability; validity of bonds
§ 18A:24-85 Short title
§ 18A:24-86 Legislative findings
§ 18A:24-87 Definitions
§ 18A:24-88 Qualified bonds; issuance; resolution by local board of education or municipality; application to commissioner; resolution of approval by state board; endorsement of proposal or ordinance
§ 18A:24-89 Endorsement of consent of local finance board; conditions
§ 18A:24-90 Revision of maturity schedule approved by local finance board; application; approval; endorsement
§ 18A:24-91 Recitals; method of authorization and issue; maturity; provisions for protection of bondholders
§ 18A:24-92 Bond anticipation notes
§ 18A:24-93 Certification to state treasurer of debt service and paying agent; withholding state school aid to pay bonds; guarantee to bondholders
§ 18A:24-94 Annual budget of school district or municipality; inclusion of debt service on qualified bonds
§ 18A:24-95 Application to projects commenced prior to effective date of act
§ 18A:24-96 Severability
§ 18A:24-97 Issuance in absence of compliance with provisions as to approval for qualification upon adoption of funding ordinances or resolutions; refunding bonds; standards in investigation by commissioner
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Terms Used In New Jersey Statutes > Title 18A > Chapter 24

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amortization: Paying off a loan by regular installments.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Board: means the board of education. See New Jersey Statutes 18A:1-1
  • census: means the latest Federal census effective within this State. See New Jersey Statutes 1:1-2
  • Commissioner: means the Commissioner of Education. See New Jersey Statutes 18A:1-1
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Department: means the State Department of Education. See New Jersey Statutes 18A:1-1
  • Dependent: A person dependent for support upon another.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • District: means a school district. See New Jersey Statutes 18A:1-1
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • month: means a calendar month, and the word "year" means a calendar year. See New Jersey Statutes 1:1-2
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
  • population: when used in any statute, shall be taken to mean the population as shown by the latest Federal census effective within this State, and shall be construed as synonymous with "inhabitants. See New Jersey Statutes 1:1-2
  • Public school: means a school, under college grade, which derives its support entirely or in part from public funds. See New Jersey Statutes 18A:1-1
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • State board: means the State Board of Education. See New Jersey Statutes 18A:1-1
  • sworn: includes "affirmed. See New Jersey Statutes 1:1-2