N.J.S.A. 58:14-24

Commissioners may borrow money; security

58:14-24. Commissioners may borrow money; security Upon the making of any such contract as is herein provided for, the commissioners may borrow upon their corporate notes, or other obligations, any moneys which may be required by them in the performance of said contract, and for the payment of moneys so borrowed, the contract with the several municipalities executing the same shall be security.

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This is the verbatim text of N.J.S.A. 58:14-24, 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. 58:14-24 — Commissioners may borrow money; security | Kyzer