40:37B-21. Notice of public bond sale; contents; publication
137 words·~1 min read·
/nj/title-40/chapter-37b/40-37b-21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A public sale of bonds shall be advertised at least once at least 7 days prior thereto in a newspaper qualified for publication of a bond resolution of the authority and in a publication carrying municipal bond notices and devoted primarily to financial news or the subject of State and municipal bonds and published in the city of New York or in New Jersey.
A notice of public sale of bonds shall set forth:
(a)the principal amount, date, denomination and maturities of the bonds offered for sale;
(b)the rate or rates of interest or maximum rate or rates of interest to be borne by the bonds;
(c)the terms and conditions of such public sale;
(d)such other provisions as may be determined by the authority.
L.1967, c. 136, s. 21, eff. June 28, 1967.