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Code · New Jersey · Title 27 — State Control of Manufacture and Sale of Liquor [Repealed] · Chapter 9

27:9-11. Maturity of bonds arranged

68 words·~1 min read·/nj/title-27/chapter-9/27-9-11

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

In fixing the time or times of maturity of the principal of any such bonds, the board of chosen freeholders shall consider the amounts to be received each year by way of reimbursement and shall endeavor to arrange the times of maturity of the principal so that the levy of a tax will not be necessary in order to pay either the principal or interest of the bonds.
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