There is a newer version of the New Jersey Revised Statutes
2013 New Jersey Revised Statutes
Title 58 - WATERS AND WATER SUPPLY
Section 58:5-45 - Sale of bonds
NJ Rev Stat § 58:5-45 (2013) What's This?
58:5-45. Sale of bonds
Bonds of a commission may be sold by the commission at public or private sale at such price or prices as the commission shall determine; provided, however, that the interest cost to maturity of the money received for any issue of bonds (computed according to standard tables of bond values) shall not exceed 6% per annum.
L.1962, c. 167, s. 15.
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