18A:64A-22.4 Deduction from gross debt.
40 words·~1 min read·
/nj/title-18a/chapter-64a/18a-64a-22-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
4. Such additional borrowing, if entered into by the county, shall constitute a deduction from the gross debt of such county and shall not be considered in determining its net debt for debt incurring purposes.
L.1971,c.12,s.4; amended 1997, c.360, s.10.