{"data":{"id":"us-nj/n.j.-stat.-40a-2-6","jurisdiction":"us-nj","citation":"N.J. Stat. § 40A:2-6","heading":"Debt limitation","body":"No bond ordinance shall be finally adopted if it appears from the supplemental debt statement required by this chapter that the percentage of net  debt as stated therein pursuant to 40A:2-42 exceeds 2.00%, in the case of a  county, or 3  1/2  %, in the case of a municipality.\nL.1960, c. 169, s. 1, eff. Jan. 1, 1962.  Amended by L.1964, c. 72, s. 2.","path":["TITLE 40A 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":"3564e0ca29f2fd8a9424b3cf4471a9886b084d91881df3791f16f11c321fd087","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-40a-2-5","next":"us-nj/n.j.-stat.-40a-2-7"},"notice":"GroundRules: Original legal text. Not legal advice."}