{"data":{"id":"us-nj/n.j.-stat.-18a-24-20","jurisdiction":"us-nj","citation":"N.J. Stat. § 18A:24-20","heading":"Authorization of bonds in excess of limits prescribed in section  18A:24-19;  exception of type I districts","body":"School bonds may be authorized and issued in the manner prescribed in section 18A:24-21, notwithstanding the provisions of section 18A:24-19, by, or for the purposes of, any district other than a regional district, within the limitations and upon compliance with the provisions of this article to the extent that the percentage of net debt as stated in a supplemental debt statement required to be filed as to such authorization, and prior thereto, shall not exceed 3  1/2  %.\nL.1967, c.271; amended by L.1968, c. 163, s. 2, eff. July 16, 1968;  L.1968, c. 295, s. 9, eff. Sept. 9, 1968.","path":["TITLE 18A EDUCATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"49ae0f3582707f0b0f2a8f4c82b1a21cd9269df319a107014d29c7dbe324a6d3","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-18a-24-19","next":"us-nj/n.j.-stat.-18a-24-21"},"notice":"GroundRules: Original legal text. Not legal advice."}