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

18A:24-61.3. Refunding bond ordinance; manner of sale and issuance

113 words·~1 min read·/nj/title-18a/chapter-24/18a-24-61-3·

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A refunding bond ordinance of any county or municipality shall become effective and refunding bonds shall be sold or issued in the manner provided in sections 40A:2-52 to 40A:2-60, both inclusive, of said Local Bond Law, and all of the provisions of said sections shall be applicable thereto and to such funding or refunding by any county or municipality, and such refunding bonds shall recite that they are issued pursuant to said law and this chapter. A refunding bond ordinance of any Type II school district shall become effective and refunding bonds shall be sold or issued in the manner provided in this chapter.
L.1969, c. 130, s. 3, eff. July 2, 1969.
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