New Jersey Statutes
§ 40A:2-21 — Minimum period of usefulness
New Jersey § 40A:2-21
JurisdictionNew Jersey
Title 40AMUNICIPALITIES AND COUNTIES
This text of New Jersey § 40A:2-21 (Minimum period of usefulness) 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. § 40A:2-21 (2026).
Text
No local unit shall authorize obligations for any improvement or purpose having a period of usefulness of less than 5 years. L.1960, c. 169, s. 1, eff. Jan. 1, 1962.
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Nearby Sections
15
§ 40A:2-1
Short title§ 40A:2-11
Down payment.§ 40A:2-12
Bond ordinance; contents§ 40A:2-13
Multipurpose bond ordinances§ 40A:2-14
Local improvement obligations§ 40A:2-15
Power to make special covenants in bond§ 40A:2-16
Matters not in bond ordinance§ 40A:2-17
Adoption of bond ordinance, procedures.§ 40A:2-18
Bond ordinance, effective date.§ 40A:2-19
Publications.§ 40A:2-2
Definitions§ 40A:2-20
Expenses included in cost§ 40A:2-21
Minimum period of usefulness§ 40A:2-22
Maximum bond terms.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 40A:2-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/40A/40A%3A2-21.