{"data":{"id":"us-nj/n.j.-stat.-18a-24-40","jurisdiction":"us-nj","citation":"N.J. Stat. § 18A:24-40","heading":"Cash premium not to exceed $1,000.00","body":"The price for which bonds of any one issue of a type II district shall be sold shall not exceed by more than $1,000.00 the par value of the bonds of such  issue offered for sale.  In order that the amount bid at such sale shall not  exceed such price, a sufficient number of the last maturing bonds shall be of  the denomination of $1,000.00 or less.\nL.1967, c.271.","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":"a094a20e8877901f4c02885aa9b0f203462f4e61b82940ceb8dee8b4997d1272","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-18a-24-39","next":"us-nj/n.j.-stat.-18a-24-41"},"notice":"GroundRules: Original legal text. Not legal advice."}