{"data":{"id":"us-nj/n.j.-stat.-40a-7-17","jurisdiction":"us-nj","citation":"N.J. Stat. § 40A:7-17","heading":"Indebtedness of annexed municipality apportioned","body":"The municipality to which the territory shall be annexed, shall be liable to  pay a proper proportion of the bonded and other indebtedness of the municipality of which the annexed territory formerly formed a part, which portion of such indebtedness shall be ascertained in the manner hereinafter provided.\nL.1979, c. 181, s. 2, eff. Aug. 29, 1979.","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":"6aca9ba4f8815540901cc07bec89cc5fb6df9b4db148db4feb7d6ccfbf596cbf","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-40a-7-16","next":"us-nj/n.j.-stat.-40a-7-18"},"notice":"GroundRules: Original legal text. Not legal advice."}