32:11D-65. Funds and expenses
118 words·~1 min read·
/nj/title-32/chapter-11d/32-11d-65·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The purposes of this compact shall include without limitation thereto all costs of any project or facility or any part thereof, including interest during a period of construction and a reasonable time thereafter and any incidental expenses (legal, engineering, fiscal, financial consultant and other expenses) connected with issuing and disposing of the bonds; all amounts required for the creation of an operating fund, construction fund, reserve fund, sinking fund, or other special fund; all other expenses connected with the planning, design, acquisition, construction, completion, improvement or reconstruction of any facility or any part thereof; and reimbursement of advances by the commission or by others for such purposes and for working capital.
L.1961, c. 13, p. 68, s. 12.2.