N.J.S.A. 44:7-37 — Appropriation for year in which act is adopted; borrowing funds

44:7-37. Appropriation for year in which act is adopted; borrowing funds If the board of chosen freeholders shall have made no appropriation in its annual budget to carry out the provisions of this act for the fiscal year in which this act was adopted, said board may appropriate and use any county funds not otherwise appropriated or dedicated, or may appropriate and raise such funds as may be necessary for such purpose for such fiscal year, and may borrow the same, or any part thereof, on the credit of the county, and may issue obligations therefor, in the same manner as other similar obligations are issued under the provisions of Title 40 of the Revised Statutes. L.1950, c. 218, p. 544, s. 2.

This is the verbatim text of N.J.S.A. 44:7-37, 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.