{"data":{"id":"us-nj/n.j.-stat.-40-56-36","jurisdiction":"us-nj","citation":"N.J. Stat. § 40:56-36","heading":"Separate account for assessments;  sinking fund","body":"All assessments as collected shall be immediately placed in an account to be  known as  \"local improvement assessment account\" .  Such moneys shall be used  only to pay indebtedness incurred for such improvements whether by temporary or  permanent certificates, notes or bonds.  Whenever a sinking fund is maintained,  upon a vote of the governing body such moneys as collected shall be paid into  such sinking fund and kept in a similarly designated account and used for the  purposes herein described.","path":["TITLE 40 MUNICIPALITIES AND COUNTIES"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"a1bf211b1aae6f1c3bc57bd47eb3fa90d1a5408a27825223e2e60c8104cf5e25","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-40-56-35","next":"us-nj/n.j.-stat.-40-56-37"},"notice":"GroundRules: Original legal text. Not legal advice."}