N.J.S.A. 34:1B-55 — Bonds fully negotiable

34:1B-55. Bonds fully negotiable Any bond or other obligation issued by the authority pursuant to this act shall be fully negotiable, within the meaning and for the purposes of Title 12A of the New Jersey Statutes, and each holder of a bond or other obligation or any coupon appurtenant thereto, by accepting the bond or coupon, shall be conclusively deemed to have agreed that the bond, obligation or coupon is and shall be fully negotiable within the meaning and for the purposes of Title 12A. L. 1985, c. 386, s. 9, eff. Dec. 18, 1985.

This is the verbatim text of N.J.S.A. 34:1B-55, 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.