New Jersey Statutes
§ 49:2B-3 — Definitions
New Jersey·Title 49 SALE OF SECURITIES
3.As used in this act: a. "Outstanding bonds" means any bonds of the State of New Jersey, and the interest coupons, if any, appertaining thereto, which have heretofore been issued or which are hereafter issued pursuant to any law of the State and which are direct obligations of the State for which the faith and credit of the State are pledged for the payment of the interest thereon as it shall become due and the payment of the principal at maturity.
b."Government securities" means any bonds or other obligations which as to principal and interest constitute direct obligations of, or are unconditionally guaranteed by, the United States of America, including obligations of any federal agency to the extent those obligations are unconditionally guaranteed by the United States of America and a
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Nearby Sections
15
§ 49:2B-1
Short title§ 49:2B-11
Sale§ 49:2B-12
Temporary bonds§ 49:2B-13
Application of proceeds§ 49:2B-14
Application of trust amounts§ 49:2B-15
Replacement of lost bonds or coupons§ 49:2B-16
Application of accrued interest§ 49:2B-17
Maturities§ 49:2B-18
Bonds secured by amounts in trust§ 49:2B-19
Appropriations§ 49:2B-2
Findings§ 49:2B-20
Insufficiency of funds§ 49:2B-21
Reports, legislative authority§ 49:2B-3
Definitions