New Jersey Statutes
§ 40A:4-55.18 — Distressed municipality defined
New Jersey § 40A:4-55.18
JurisdictionNew Jersey
Title 40AMUNICIPALITIES AND COUNTIES
This text of New Jersey § 40A:4-55.18 (Distressed municipality defined) 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. § 40A:4-55.18 (2026).
Text
As used in this act the term "distressed municipality" means any municipality required to pay a judgment in an amount which would require an increase in the municipal purposes levy for any year in excess of 40% over the immediately preceding year. L.1982, c. 66, s. 1, eff. July 12, 1982.
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Nearby Sections
15
§ 40A:4-1
Short title§ 40A:4-10
Adoption of budget; public inspection.§ 40A:4-11
Budget to be transmitted to county board§ 40A:4-14
School items; separate certification§ 40A:4-15
Late approval of budget§ 40A:4-18
Table of aggregates for late budgets§ 40A:4-19
Temporary appropriations§ 40A:4-2
Definitions§ 40A:4-20
Emergency temporary appropriationsCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 40A:4-55.18, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/40A/40A%3A4-55.18.