New Jersey Statutes

§ App.A:3-14 — Paying off refunding bonds; specific appropriations

New Jersey § App.A:3-14

This text of New Jersey § App.A:3-14 (Paying off refunding bonds; specific appropriations) 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. § App.A:3-14 (2026).

Text

1.Whenever any municipality shall issue after the date this act shall become effective any funding or refunding notes, bonds or other obligations (hereinafter referred to as "refunding bonds" ) and, in order additionally to secure the payment of such refunding bonds or in connection therewith, such municipality shall be required or shall agree to provide a separate and specific appropriation for the payment of such refunding bonds and interest thereon, computed from year to year and determined by the ratio which the amount of taxes levied for the fiscal year next preceding such computation bears to the amount of taxes collected for such fiscal year, or determined in accordance with any other formula required or to be required by any act of the legislature of the state or of the governing

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Bluebook (online)
New Jersey § App.A:3-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/App.A%3A3-14.