N.J.S.A. 52:27D-118.26 — Definitions.

52:27D-118.26 Definitions. 3. As used in this act: "Board" means the Local Finance Board of the Division of Local Government Services in the Department of Community Affairs. "Director" means the Director of the Division of Local Government Services in the Department of Community Affairs. "Eligible municipality" means a municipality that is qualified to receive assistance under P.L.1978, c.14 (C.52:27D-178 et seq.), a municipality under the supervision of the Local Finance Board pursuant to the provisions of the "Local Government Supervision Act (1947)," P.L.1947, c.151 (C.52:27BB-1 et seq.), a municipality that has issued qualified bonds pursuant to the provisions of the "Municipal Qualified Bond Act," P.L.1976, c.38 (C.40A:3-1 et seq.), or a municipality identified by the director to be facing serious fiscal distress. L.1987,c.75,s.3; amended 1999, c.156, s.2.

This is the verbatim text of N.J.S.A. 52:27D-118.26, 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.