40A:2-50. Conclusiveness of validity of obligations
47 words·~1 min read·
/nj/title-40a/chapter-2/40a-2-50·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After issuance, all obligations shall be conclusively presumed to be fully authorized and issued by all the laws of this State, and any person shall be estopped from questioning their sale, execution or delivery by the local unit.
L.1960, c. 169, s. 1, eff. Jan. 1, 1962.