{"data":{"id":"us-nj/n.j.-stat.-40-68a-46","jurisdiction":"us-nj","citation":"N.J. Stat. § 40:68A-46","heading":"Sale of bonds;  interest","body":"Bonds of a municipal port authority may be sold by the municipal port authority at public or private sale at such price or prices as the municipal port authority shall determine;  provided, however, that the interest cost to maturity of the money received for any issue of bonds (computed according to standard tables of bond values) shall not exceed 6% per annum.\nL.1960, c. 192, p. 819, s. 18, eff. Feb. 15, 1961.","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":"3082b3c45f1e6be855f6642caa7304b5eedb3b5b8060460d3c19cfdfa04d5afc","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-40-68a-45","next":"us-nj/n.j.-stat.-40-68a-47"},"notice":"GroundRules: Original legal text. Not legal advice."}