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118 chapters · 3,549 sections in this title.
N.J.S.A. 40:3-1 Definitions
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40:3-1. Definitions For the purposes of this chapter, bonds which are payable in installments in successive years during at least three-quarters of the period covered by the term of the whole issue, shall be known as "serial bonds" . All other bonds shall be known as "term bonds"…
N.J.S.A. 40:3-10 Sinking fund moneys; investment of
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40:3-10. Sinking fund moneys; investment of Investment of sinking fund moneys shall be restricted to unlimited obligations issued by the United States of America, or bonds of the State of New Jersey, or bonds of any county, school district or municipality of this State, or the ne…
N.J.S.A. 40:3-11 Annual report; publication
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40:3-11. Annual report; publication The sinking fund commission shall report annually, on or before January fifteenth, to the governing body of the municipality, county or school district fully and in detail with reference to the amount, investment and sufficiency of the sinking …
N.J.S.A. 40:3-12 Accounts; how kept; classification of bonds; accretions; interest; losses
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40:3-12. Accounts; how kept; classification of bonds; accretions; interest; losses The sinking fund commission shall cause to be kept a separate account for each issue of term bonds and under at least the following classifications: namely, school bonds, water bonds, and general b…
