GroundRules
← Search the law
New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 40:23-12.3: Bonds authorized

Read at publisher ↗
Where this section sits in the code
  1. TITLE 40 MUNICIPALITIES AND COUNTIES

For the purpose of funding a farm loan program authorized pursuant to section 2 of this act, the county is authorized, by bond ordinance, to incur indebtedness, borrow money, and authorize and issue negotiable obligations in an amount not to exceed $5,000,000.00 in any five-year period, or to appropriate general revenues of the county, or both. All the provisions of the "Local Bond Law" (N.J.S.40A:2-1 et seq.) not in conflict with this act shall be complied with by the county in adopting its bond ordinances.

L.1987,c.34,s.3; amended 1989,c 158,s.3.

Collected 2026-08-27T17:54:13Z. Source file · JSON

Browse this collection