N.J.S.A. 18A:24-84

Construction of act; severability; validity of bonds

18A:24-84. Construction of act; severability; validity of bonds This act shall be liberally construed. Its provisions shall be deemed severable in any case where such severability will not tend to defeat its purpose. No defect, error or omission in any matter of form or substance shall in any way affect the validity and binding obligation of any bond issued hereunder, and the Division of Local Finance is authorized, in any such case, to issue an order validating any bonds to be issued after the discovery thereof, in any respect in which there may be such defect, error or omission, if it is satisfied that the same is not substantial or prejudicial, or upon a curing or correction of the defect, error or omission. L.1971, c. 36, s. 19, eff. March 4, 1971.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 18A:24-84, 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. 18A:24-84 — Construction of act; severability; validity of bonds | Kyzer