N.J.S.A. 40A:2-22.1

Request for determination of period of usefulness.

40A:2-22.1 Request for determination of period of usefulness. 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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This is the verbatim text of N.J.S.A. 40A:2-22.1, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 40A:2-22.1 — Request for determination of period of usefulness. | Kyzer