2017 New Jersey Revised Statutes
TITLE 40A - MUNICIPALITIES AND COUNTIES
Section 40A:2-21 - Minimum period of usefulness
40A:2-21. Minimum period of usefulness
No local unit shall authorize obligations for any improvement or purpose having a period of usefulness of less than 5 years.
L.1960, c. 169, s. 1, eff. Jan. 1, 1962.
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