N.J.S.A. 32:11D-79

Validation proceedings

32:11D-79. Validation proceedings Prior to the issuance of any bonds, the commission may institute a special proceeding to determine the legality of proceedings to issue the bonds and their validity under the laws of any of the signatory parties. Such proceeding shall be instituted and prosecuted in rem and the judgment rendered therein shall be conclusive against all persons whomsoever and against each of the signatory parties. L.1961, c. 13, p. 73, s. 12.16.

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This is the verbatim text of N.J.S.A. 32:11D-79, 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.