2017 New Jersey Revised Statutes
Section 18A:24-6 - Bonds payable in installments

Universal Citation: NJ Rev Stat § 18A:24-6 (2017)

18A:24-6. Bonds payable in installments

All 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.

Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.