N.J.S.A. 18A:71A-16

Purchase by authority of bonds, notes and other obligations.

18A:71A-16 Purchase by authority of bonds, notes and other obligations. 18A:71A-16. Purchase by Authority of Bonds, Notes and Other Obligations. The authority shall have the power out of any funds available therefor to purchase its bonds, notes or other obligations. The authority may hold, pledge, cancel or resell the bonds, subject to and in accordance with agreements with bondholders. L.1999,c.46,s.1.

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This is the verbatim text of N.J.S.A. 18A:71A-16, 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.