N.J.S.A. 38:25-2

Appropriations for payment of indebtedness

38:25-2. Appropriations for payment of indebtedness The governing body may make an appropriation in the annual budget or make an appropriation for and issue emergency notes as provided by section 40:2-31 of the title Municipalities and Counties, or appropriate funds from the surplus revenues of such municipality for the payment of such indebtedness.

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This is the verbatim text of N.J.S.A. 38:25-2, 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.