New Jersey Statutes
§ 40A:2-4 — Payment of obligations
New Jersey § 40A:2-4
JurisdictionNew Jersey
Title 40AMUNICIPALITIES AND COUNTIES
This text of New Jersey § 40A:2-4 (Payment of obligations) 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:2-4 (2026).
Text
The power and obligation of a local unit to pay any and all bonds and notes issued by it pursuant to this chapter, or any act of which this chapter is a revision, shall be unlimited, and the local unit shall levy ad valorem taxes upon all the taxable property within the local unit for the payment of the principal of and interest on such bonds and notes without limitation as to rate or amount. 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:2-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/40A/40A%3A2-4.