2017 New Jersey Revised Statutes
Section 40A:2-21 - Minimum period of usefulness

Universal Citation: NJ Rev Stat § 40A:2-21 (2017)

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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