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Code · New Jersey · Title 18A — Education · Chapter 24

18A:24-6. Bonds payable in installments

52 words·~1 min read·/nj/title-18a/chapter-24/18a-24-6

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All bonds issued under this chapter shall be payable in annual installments commencing not more than two years from their date, and no installment shall be more than 100% in excess of the amount of the smallest prior installment.
L.1967, c.271; amended by L.1983, c. 458, s. 1, eff. Jan. 12, 1984.
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