New Jersey Statutes

§ 18A:56-6 — Leases of lands under water; principal or income

New Jersey·Title 18A EDUCATION
All leases of lands so dedicated to the support of public schools shall be held by the board of trustees as a part of the principal of the school fund, and the income arising from such leases shall be a part of the income of the school fund. L.1967, c.271.

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