New Jersey § 18A:56-5 State lands under water and revenue from sales thereof; restriction on revenue

New Jersey Statutes

§ 18A:56-5 — State lands under water and revenue from sales thereof; restriction on revenue

New Jersey § 18A:56-5

Title 18AEDUCATION

This text of New Jersey § 18A:56-5 (State lands under water and revenue from sales thereof; restriction on revenue) 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:56-5 (2026).

Text

All lands belonging to this State now or formerly lying under water are dedicated to the support of public schools. All moneys hereafter received from the sales of such lands shall be paid to the board of trustees, and shall constitute a part of the permanent school fund of the State. To the extent that moneys received from the sales of these lands may, by law, be made payable to any purposes other than the school fund, these moneys shall not be paid to other purposes so long as there is a deficiency in the school bond reserve. L.1967, c.271; amended by L.1980, c. 72, s. 3, eff. July 16, 1980.

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All lands belonging to this State now or formerly lying under water are dedicated to the support of public schools. All moneys hereafter received from the sales of such lands shall be paid to the board of trustees, and shall constitute a part of the permanent school fund of the State. To the extent that moneys received from the sales of these lands may, by law, be made payable to any purposes other than the school fund, these moneys shall not be paid to other purposes so long as there is a deficiency in the school bond reserve. L.1967, c.271; amended by L.1980, c. 72, s. 3, eff. July 16, 1980.