N.J.S.A. 32:11D-80

Recording

32:11D-80. Recording No indenture need be recorded or filed in any public office, other than the office of the commission. The pledge of revenues provided in any indenture shall take effect forthwith as provided therein and irrespective of the date of receipt of such revenues by the commission or the indenture trustee. Such pledge shall be effective as provided in the indenture without physical delivery of the revenues to the commission or to the indenture trustee. L.1961, c. 13, p. 73, s. 12.17.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 32:11D-80, 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. 32:11D-80 — Recording | Kyzer