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Code · New Jersey · Title 40A — Municipalities and Counties · Chapter 2

40A:2-22.1 Request for determination of period of usefulness.

69 words·~1 min read·/nj/title-40a/chapter-2/40a-2-22-1

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18. A local unit may request, in a form and manner determined by rule and regulation of the Local Finance Board, that the Director of the Division of Local Government Services in the Department of Community Affairs determine a period of usefulness for any capital improvement or property not included in N.J.S.40A:2-22, provided that the maximum period of usefulness so determined shall not exceed 15 years.
L.2007, c.62, s.18.
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