N.J.S.A. 27:9-11

Maturity of bonds arranged

27:9-11. Maturity of bonds arranged In fixing the time or times of maturity of the principal of any such bonds, the board of chosen freeholders shall consider the amounts to be received each year by way of reimbursement and shall endeavor to arrange the times of maturity of the principal so that the levy of a tax will not be necessary in order to pay either the principal or interest of the bonds.

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This is the verbatim text of N.J.S.A. 27:9-11, 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. 27:9-11 — Maturity of bonds arranged | Kyzer