New Jersey Statutes
§ 40:14A-13 — Interim certificates or bonds
New Jersey·Title 40 MUNICIPALITIES AND COUNTIES
After sale of any bonds pursuant to section eleven or section twelve of this act, the sewerage authority shall have power to authorize the execution and issuance to the purchasers, pending the preparation of the definitive bonds, of interim certificates therefor or of temporary bonds or other temporary instruments exchangeable for the definitive bonds when prepared, executed and ready for delivery. The holders of such interim certificates, temporary bonds or other temporary instruments shall have all the rights and remedies which they would have as holders of the definitive bonds. L.1946, c. 138, p. 655, s. 13, eff. April 23, 1946.
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Nearby Sections
15
§ 40:14A-1
Citation of act§ 40:14A-10
Bonds; issuance authorized§ 40:14A-12
Funding or refunding bonds§ 40:14A-13
Interim certificates or bonds§ 40:14A-15
Negotiability of bonds§ 40:14A-16
Provisions authorized in bond resolution§ 40:14A-18
Receiver; powers§ 40:14A-19
Liability on bonds; exemptions§ 40:14A-2
Declaration of policy; purpose§ 40:14A-20
Real property; acquisition