New Jersey Statutes
§ 40A:2-50 — Conclusiveness of validity of obligations
New Jersey·Title 40A MUNICIPALITIES AND COUNTIES
After issuance, all obligations shall be conclusively presumed to be fully authorized and issued by all the laws of this State, and any person shall be estopped from questioning their sale, execution or delivery by the local unit. 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.