N.J.S.A. 40:54-27

Redemption of bonds

40:54-27. Redemption of bonds There shall be raised and levied annually by taxation in the municipality issuing such bonds a sum sufficient to pay the interest thereon and to redeem the part or proportion thereof maturing in the fiscal year for which such taxes are levied.

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This is the verbatim text of N.J.S.A. 40:54-27, 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. 40:54-27 — Redemption of bonds | Kyzer