Appropriations for payment of indebtedness

N.J.S.A. 38:25-2, under Chapter 25.

N.J.S.A. 38:25-2

38:25-2. Appropriations for payment of indebtedness

The governing body may make an appropriation in the annual budget or make an appropriation for and issue emergency notes as provided by section 40:2-31 of the title Municipalities and Counties, or appropriate funds from the surplus revenues of such municipality for the payment of such indebtedness.