31 chapters · 1,715 sections in this title.
N.J.S.A. 40A:4-72 Sale and report of sale
0.6K chars
40A:4-72. Sale and report of sale All tax anticipation notes may be sold at not less than par and accrued interest at private sale without previous public offering, either by resolution of the governing body or by a financial officer authorized to sell such notes by resolution of…
N.J.S.A. 40A:4-73 Conclusive presumption of validity of proceedings and notes
0.8K chars
40A:4-73. Conclusive presumption of validity of proceedings and notes Unless a suit, action or proceeding questioning the authorization, sale or execution or otherwise questioning the validity of tax anticipation notes be begun prior to the delivery of such notes, any such notes …
N.J.S.A. 40A:4-74 Utility anticipation notes
1.0K chars
40A:4-74. Utility anticipation notes 40A:4-74. Any local unit which operates or owns a municipal public utility may, pursuant to resolution of the governing body passed by a majority of the full membership thereof, borrow money and issue its negotiable notes to provide funds nece…
N.J.S.A. 40A:4-75 Liability on notes
0.4K chars
40A:4-75. Liability on notes The power and obligation of a local unit to pay any note or obligation issued pursuant to this chapter shall be unlimited and the local unit shall have power and be obligated to levy ad valorem taxes upon all the taxable property within the local unit…