New Jersey Statutes
§ 18A:24-4 — Payment of principal of temporary bonds from proceeds of permanent bonds
New Jersey·Title 18A EDUCATION
The principal of any temporary notes or loan bonds shall be paid from the proceeds of the permanent bonds, in anticipation of the issuance of which they were issued, or from funds from time to time appropriated for such payments, and the interest upon such temporary notes or loan bonds shall be paid in the same manner as interest is paid upon permanent bonds. L.1967, c.271.
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Nearby Sections
15
§ 18A:24-1
Definitions§ 18A:24-10
School bonds, when deemed to be authorized§ 18A:24-11
Type I districts; authorization of bonds; appropriations and borrowings; procedure to be followed§ 18A:24-11.1
Newark; school bonds; authorization§ 18A:24-11.2. Bond authorization process continued
§ 18A:24-11.2. Bond authorization process continued§ 18A:24-12
Type II districts; authorization of bonds§ 18A:24-13
Combining issues of bonds§ 18A:24-19
School district bonds