There is a newer version of the New Jersey Revised Statutes
2009 New Jersey Code
TITLE 18A - EDUCATION
Section 18A:24
18A:24-6 - Bonds payable in installments
18A:24-6. Bonds payable in installmentsAll bonds issued under this chapter shall be payable in annual installments commencing not more than two years from their date, and no installment shall be more than 100% in excess of the amount of the smallest prior installment.
L.1967, c.271; amended by L.1983, c. 458, s. 1, eff. Jan. 12, 1984.
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