New Jersey Statutes
§ 18A:22-25 — Borrowing against appropriation on notes
New Jersey § 18A:22-25
JurisdictionNew Jersey
Title 18AEDUCATION
This text of New Jersey § 18A:22-25 (Borrowing against appropriation on notes) 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:22-25 (2026).
Text
The board of education may, after July 1 and before January 1, borrow a sum not exceeding one half of the amount appropriated for the current expenses of the schools and for the repair of schoolhouses under its control, and execute and deliver promissory notes therefor, and pay the amount so borrowed together with interest thereon, at a rate not exceeding 6% per annum. L.1967, c.271.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 18A:22-10
Fixing date, etc. for public hearing.§ 18A:22-11. Notice of public hearing
§ 18A:22-11. Notice of public hearing§ 18A:22-12
Contents of notice.§ 18A:22-13
Public hearing; objections; heard, etc.§ 18A:22-15
Appropriations, how made§ 18A:22-16
Resumption of school year appropriations§ 18A:22-19
Determination of local share amount.§ 18A:22-2
Secretary§ 18A:22-20
Capital projects; appropriations; how raised§ 18A:22-23
Additional appropriations; raising.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 18A:22-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/18A/18A%3A22-25.