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2015 New Jersey Revised Statutes
Title 40 - MUNICIPALITIES AND COUNTIES
Section 40:63-135 - Bonds; general provisions

NJ Rev Stat § 40:63-135 (2015) What's This?

40:63-135. Bonds; general provisions
The bonds authorized under this article, shall be issued and executed in all respects as provided in and under the provisions of article 1 of chapter 1 of this title (s. 40:1-1 et seq.).

There shall be raised each year in the tax levy and included in the annual budget of each contracting municipality an amount sufficient to pay the interest, and the principal of said bonds as they fall due.


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