52:27-61 - Failure of school authorities to act; commission to act directly - New Jersey Statutes

52:27-61.  Failure of school authorities to act;  commission to act directly    Whenever any direction of the commission authorized under this article has not been fully performed or carried out by the board of education or other officials of the school district affected, the commission shall have power to perform directly, or cause to be performed by its agents, in the name of the school district, any act so directed by the commission under the provisions of this article, including the power to execute, sell, issue and deliver any notes  or bonds directed by the commission to be issued by the school district for the  funding or refunding of its indebtedness in the manner and mode of procedure  provided by this chapter for the issuance of notes or bonds by a municipality.

     Amended by L.1947, c. 119, p. 585, s. 4;  L.1948, c. 156, p. 892, s. 2.