The board of school estimate of any district having such a board and the board of education of any other district may establish a capital reserve account pursuant to this article which may be maintained and used as in this article provided.
N.J. Stat. Ann. § 18A:21-2
Authorization; establishment of accounts
L.1967, c.271; amended 1990,c.52,s.38.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.