New Jersey Statutes
§ 18A:13-53 — Calculation of amount of indebtedness to be assumed
New Jersey § 18A:13-53
JurisdictionNew Jersey
Title 18AEDUCATION
This text of New Jersey § 18A:13-53 (Calculation of amount of indebtedness to be assumed) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 18A:13-53 (2026).
Text
3.The county superintendent shall calculate the amount of indebtedness relating to buildings, grounds, furnishings, equipment and additions thereto so to be assumed on the basis of the proportion which the replacement cost of the buildings, grounds, furnishings, equipment, and additions thereto of the regional district situated in the withdrawing district, or in each of the constituent districts in the event of a dissolution, bears to the replacement cost of the buildings, grounds, furnishings, equipment and additions thereto situated in the entire regional district. Said replacement cost shall be determined according to rules prescribed by the commissioner with the approval of the State board and in accordance with recognized accounting practices. The county superintendent shall also cal
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Nearby Sections
15
§ 18A:13-10
Annual elections.§ 18A:13-11
Vacancies in membership of board; filling§ 18A:13-12
Election of officers.§ 18A:13-13
Appointment of secretary.§ 18A:13-15
Acquisition of lands without districts§ 18A:13-2
Types of regional districts§ 18A:13-23
Apportionment of appropriations.§ 18A:13-23.3. Modification of apportionment of appropriations
§ 18A:13-23.3. Modification of apportionment of appropriationsCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 18A:13-53, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/18A%3A13-53.