18A:24-68. Purpose of act
64 words·~1 min read·
/nj/title-18a/chapter-24/18a-24-68A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is the purpose of this act to stabilize the values of school bonds issued hereunder, and to provide means for reducing administrative costs by a sufficient degree to permit purchase thereof by the public in small denominations, in order to make it feasible for the general public to provide financing for such bond issues.
L.1971, c. 36, s. 3, eff. March 4, 1971.