N.J.S.A. 40:37-220

Assessments for benefits; disposition of funds; payment of bonds

40:37-220. Assessments for benefits; disposition of funds; payment of bonds All sums of money received from assessments for benefits shall be set apart by the county park commission and devoted exclusively to the payment of bonds or obligations issued on its requisition, for the purpose of providing a fund to meet the expenditures of the commission and to the payment of the interest thereon.

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This is the verbatim text of N.J.S.A. 40:37-220, 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.