New Jersey § 40:37-260 Bond issues

New Jersey Statutes

§ 40:37-260 — Bond issues

New Jersey § 40:37-260

Title 40MUNICIPALITIES AND COUNTIES

This text of New Jersey § 40:37-260 (Bond issues) 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. § 40:37-260 (2026).

Text

To defray any expense incurred under the provisions of this article the board of chosen freeholders of any such county may, from time to time, borrow money by issuing bonds of the county, which bonds shall run for a term not exceeding twenty years and bear interest at a rate not to exceed six per centum (6%) per annum. All such bonds shall be issued in accordance with the provisions of article one of chapter one of this Title (s. 40:1-1 et seq.). Amended by L.1951, c. 329, p. 1165, s. 1, eff. July 17, 1951.

Free access — add to your briefcase to read the full text and ask questions with AI

To defray any expense incurred under the provisions of this article the board of chosen freeholders of any such county may, from time to time, borrow money by issuing bonds of the county, which bonds shall run for a term not exceeding twenty years and bear interest at a rate not to exceed six per centum (6%) per annum. All such bonds shall be issued in accordance with the provisions of article one of chapter one of this Title (s. 40:1-1 et seq.). Amended by L.1951, c. 329, p. 1165, s. 1, eff. July 17, 1951.