Division of assets and liabilities in event of withdrawal, dissolution

New Jersey Statutes Annotated

Section: 18A:13-62.

Jurisdiction: NJ

Bluebook Citation: N.J.S.A. 18A:13-62

12. The county superintendent in a written report filed by him at the end of the school year preceding that in which the withdrawal or dissolution becomes effective shall make a division of the assets and liabilities between the withdrawing district and the regional district, or among the constituent districts in the event of a dissolution, in the same manner as provided in N.J.S.18A:8-24. L.1975,c.360,s.12; amended 1993,c.255,s.11.

Chat with this statute using AI

Ask CiteLaw's AI Navigator anything about this statute, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.