New Jersey Statutes
§ 27:23-44 — Local funding for non-highway transportation projects.
New Jersey § 27:23-44
JurisdictionNew Jersey
Title 27HIGHWAYS
This text of New Jersey § 27:23-44 (Local funding for non-highway transportation projects.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 27:23-44 (2026).
Text
41.For the purpose of aiding and cooperating in the acquisition, construction, or operation of any non-highway transportation project of the authority, any county or municipality may, upon agreement with the authority and in the manner provided by law: a. Appropriate moneys for the purposes of the authority and loan or donate the money to the authority in the installments and upon the terms as may be agreed upon by the authority; b. Perform any act for the authority which it is empowered by law to perform; c. Incur indebtedness, borrow money and issue bonds or notes for the purpose of financing a project pursuant to the provisions of the "Local Bond Law," (N.J.S.40A:2-1 et seq.); and d. Unconditionally guarantee the punctual payment of the principal of and interest on any bonds or notes o
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Nearby Sections
15
§ 27:23-1
Transportation projects.§ 27:23-10
Trust funds§ 27:23-11
Remedies§ 27:23-12
Exemption from taxation.§ 27:23-13
Bonds eligible for investment§ 27:23-15
Refunding bonds.§ 27:23-16
Projects part of State highway system.§ 27:23-17
Preliminary expenses.§ 27:23-18
Additional, alternative methods.§ 27:23-19
Act liberally construed§ 27:23-2
Credit of State not pledged.§ 27:23-20
Severability§ 27:23-21
Inconsistent laws inapplicable§ 27:23-22
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Bluebook (online)
New Jersey § 27:23-44, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/27/27%3A23-44.