N.J.S.A. 52:14-35 — Sale of certain Port of New York Authority bonds authorized; proceeds for emergency relief purposes

52:14-35. Sale of certain Port of New York Authority bonds authorized; proceeds for emergency relief purposes The governor, treasurer and comptroller constituting the sinking fund commission are hereby authorized to make private sale at not less than par and accrued interest of the bonds to be delivered to the state in liquidation of its claim against the Port of New York Authority for moneys advanced in the construction of the George Washington bridge. The moneys received by the state from the sale of the aforesaid bonds shall be credited by the treasurer to the emergency relief account, and used solely for emergency relief purposes.

This is the verbatim text of N.J.S.A. 52:14-35, 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.