New Jersey Statutes 18A:20-39. Securities not to be canceled; sale; resolution
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Terms Used In New Jersey Statutes 18A:20-39
- Board: means the board of education. See New Jersey Statutes 18A:1-1
- District: means a school district. See New Jersey Statutes 18A:1-1
Securities of a school district, purchased by it, shall not be canceled but may be sold as and when directed by resolution adopted by a majority vote of all the members of the board of education.
L.1977, c. 177, s. 3, eff. Aug. 16, 1977.