{"data":{"id":"us-nj/n.j.-stat.-40a-5-15.3","jurisdiction":"us-nj","citation":"N.J. Stat. § 40A:5-15.3","heading":"Securities of local unit purchased by it not to be canceled; sale thereafter","body":"Securities of a local unit purchased by it shall not be canceled but may be  sold as and when directed by resolution adopted by a majority vote of all the  members of the governing body.\nL.1977, c. 396, s. 10, eff. Feb. 23, 1978.","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":"8ec12bf246f30cdbdde5a1ae9456cc4105e5f1a66d50f1a849a38f0460b88e83","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-40a-5-15.2","next":"us-nj/n.j.-stat.-40a-5-16"},"notice":"GroundRules: Original legal text. Not legal advice."}