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Code · New Jersey · Title 34 — Public Health and Safety · Chapter 1B

34:1B-11. Bonds; negotiability

103 words·~1 min read·/nj/title-34/chapter-1b/34-1b-11

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Any provision of any law to the contrary notwithstanding, any bond or other obligation issued pursuant to this act shall be fully negotiable within the meaning and for all purposes of Title 12A, Commercial Transactions, of the New Jersey Statutes, and each holder or owner of such a bond or other obligation, or of any coupon appurtenant thereto, by accepting such bond or coupon shall be conclusively deemed to have agreed that such bond, obligation or coupon is and shall be fully negotiable within the meaning and for all purposes of said Title 12A.
L.1974, c. 80, s. 11, eff. Aug. 7, 1974.
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