§ 18A:56-1 “Trustees for support of public schools” ; how constituted
§ 18A:56-2 Secretary of board; records
§ 18A:56-3 Statement of fund by state treasurer to board
§ 18A:56-4 Account to legislature of management of fund
§ 18A:56-5 State lands under water and revenue from sales thereof; restriction on revenue
§ 18A:56-6 Leases of lands under water; principal or income
§ 18A:56-7 Deducting expenses of administering lands under water
§ 18A:56-8 Investments
§ 18A:56-9 Changing municipal bonds owned by trustees from coupon to registered
§ 18A:56-10 Stamp of ownership on coupon bonds
§ 18A:56-11 Investment in bonds secured by mortgages
§ 18A:56-12 Mortgage foreclosure proceedings
§ 18A:56-13 Purchase of lands by board on foreclosure
§ 18A:56-14 Sale of real estate held or acquired
§ 18A:56-15 Income of funds; use of; payment of premiums on bonds
§ 18A:56-16 Certification of anticipated default; purchase of bonds, payment of interest by trustees; State aid treatment
§ 18A:56-17 Short title
§ 18A:56-18 Legislative finding and declaration
§ 18A:56-19 School bond reserve accounts; establishment; composition; funding of accounts
§ 18A:56-20 School bond legend
§ 18A:56-21 Schools facilities financing reserve
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Terms Used In New Jersey Statutes > Title 18A > Chapter 56 - "Trustees for Support of Public Schools" ; How Constituted

  • 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
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bequest: Property gifted by will.
  • Board: means the board of education. See New Jersey Statutes 18A:1-1
  • Commissioner: means the Commissioner of Education. See New Jersey Statutes 18A:1-1
  • Department: means the State Department of Education. See New Jersey Statutes 18A:1-1
  • Devise: To gift property by will.
  • District: means a school district. See New Jersey Statutes 18A:1-1
  • 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.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • 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