18A:58-33.40. Designation of paying agent
52 words·~1 min read·
/nj/title-18a/chapter-58/18a-58-33-40·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No bonds or notes entitled to the benefits of this act shall be issued unless there is designated therefor a paying agent or paying agents, at least one of which is a bank or trust company authorized to do business in this State.
L.1978, c. 74, s. 19, eff. July 13, 1978.