Find Laws Find Lawyers Free Legal Forms USA State Laws

NEW JERSEY STATUTES AND CODES

18A:24-2 - Borrowing on tuition due from another district

18A:24-2.  Borrowing on tuition due from another district
    Any board of education may borrow upon its promissory note or notes bearing  interest at not to exceed 6% per annum such sum or sums not exceeding 80% of  the amount due it for tuition from any school district and upon assignment, as  collateral, of the delinquent tuition and the tuition so assigned shall, when  and as received, be applied to the repayment of the amount borrowed, with the  interest, until the same has been fully repaid.
 
L.1967, c.271.
 

New Jersey Forms by Issue

New Jersey Court Forms

New Jersey Law

New Jersey State Laws
New Jersey Tax
New Jersey Labor Laws
New Jersey Agencies
    > New Jersey DMV

New Jersey Court Map

Tips