N.J.S.A. 13:12-26

Release of lien of bonds on sale of property

13:12-26. Release of lien of bonds on sale of property The board of conservation and development, in whom is vested the title to the bonds issued by the canal and banking company, shall, upon any sale of any property as authorized by the terms of this chapter, take such action and execute such documents as may be necessary or advisable to procure the release of such property from the lien of the mortgage securing such bonds.

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This is the verbatim text of N.J.S.A. 13:12-26, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 13:12-26 — Release of lien of bonds on sale of property | Kyzer