The capital reserve account of each district shall be maintained by the local district, in accordance with procedures to be established by the commissioner.
N.J. Stat. Ann. § 18A:21-5
Maintenance of capital reserve accounts
L.1967, c.271; amended 1990,c.52,s.41
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.