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Code · New Jersey · Title 40 — Animals and Livestock · Chapter 14A

40:14A-13. Interim certificates or bonds

101 words·~1 min read·/nj/title-40/chapter-14a/40-14a-13·

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After sale of any bonds pursuant to section eleven or section twelve of this act, the sewerage authority shall have power to authorize the execution and issuance to the purchasers, pending the preparation of the definitive bonds, of interim certificates therefor or of temporary bonds or other temporary instruments exchangeable for the definitive bonds when prepared, executed and ready for delivery. The holders of such interim certificates, temporary bonds or other temporary instruments shall have all the rights and remedies which they would have as holders of the definitive bonds.
L.1946, c. 138, p. 655, s. 13, eff. April 23, 1946.
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