18A:24-33. Coupon and registered bonds; conversion, etc.
119 words·~1 min read·
/nj/title-18a/chapter-24/18a-24-33·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds, other than temporary loan bonds, of a type II school district, issued in accordance with this chapter, may be in either registered or coupon form and if in coupon form may contain provision for registration as to principal only or provision for registration as to both principal and interest, or may contain both such provisions and bonds issued in fully registered form may contain provision for conversion into bonds in coupon form, and bonds issued in coupon form, with provision for registration as to both principal and interest, may contain provision for reconversion when fully registered into coupon form, at the request and expense of the registered owner or his duly authorized attorney or legal representative.
L.1967, c.271.