New Jersey Statutes
§ 40A:26B-10 — Issuance of bonds.
New Jersey·Title 40A MUNICIPALITIES AND COUNTIES
10.A county, municipality, or authority that establishes a stormwater utility pursuant to P.L.2019, c.42 (C.40A:26B-1 et al.) may provide, by ordinance or resolution, as appropriate, at one time, or from time to time, for the issuance of bonds for the purpose of raising funds to pay the cost of any part of the stormwater management system. The bonds shall be issued pursuant to each entity's respective authority under the "Local Bond Law," N.J.S.40A:2-1 et seq., P.L.1946, c.138 (C.40:14A-1 et seq.), P.L.1957, c.183 (C.40:14B-1 et seq.), P.L.1960, c.183 (C.40:37A-44 et seq.), or any other applicable law. L.2019, c.42, s.10.
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Nearby Sections
15
§ 40A:26B-1
Short title.§ 40A:26B-10
Issuance of bonds.§ 40A:26B-11
Posting of report on website; contents.§ 40A:26B-12
Acquisitions relative to stormwater utility.§ 40A:26B-14
Contracts with private entities.§ 40A:26B-16
Stormwater utility guidance manual.§ 40A:26B-17
"Clean Stormwater and Flood Reduction Fund."§ 40A:26B-18
Rules, regulations.