New Jersey § 40A:4-73 Conclusive presumption of validity of proceedings and notes

New Jersey Statutes

§ 40A:4-73 — Conclusive presumption of validity of proceedings and notes

New Jersey § 40A:4-73

Title 40AMUNICIPALITIES AND COUNTIES

This text of New Jersey § 40A:4-73 (Conclusive presumption of validity of proceedings and notes) 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:4-73 (2026).

Text

Unless a suit, action or proceeding questioning the authorization, sale or execution or otherwise questioning the validity of tax anticipation notes be begun prior to the delivery of such notes, any such notes reciting that they are issued pursuant to this chapter shall, after delivery thereof, be conclusively presumed to be fully authorized by all the laws of this State and to have been sold, executed and delivered by the local unit in conformity therewith. The validity of such notes shall not be questioned by either a party plaintiff or a party defendant, or by the local unit, or any taxpayer thereof, or any other interested party in any court, anything herein or in other statutes to the contrary notwithstanding. L.1960, c. 169, s. 1, eff. Jan. 1, 1962.

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

Unless a suit, action or proceeding questioning the authorization, sale or execution or otherwise questioning the validity of tax anticipation notes be begun prior to the delivery of such notes, any such notes reciting that they are issued pursuant to this chapter shall, after delivery thereof, be conclusively presumed to be fully authorized by all the laws of this State and to have been sold, executed and delivered by the local unit in conformity therewith. The validity of such notes shall not be questioned by either a party plaintiff or a party defendant, or by the local unit, or any taxpayer thereof, or any other interested party in any court, anything herein or in other statutes to the contrary notwithstanding. L.1960, c. 169, s. 1, eff. Jan. 1, 1962.