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New Jersey Statutes, Title: 27, HIGHWAYS
Chapter 9: Construction of state highway routes by counties; consent required
Section: 27:9-4: Refunding indebtedness if highway not taken over
If the commissioner does not take over the highway in the manner prescribed in section 27:9-3 of this title within six years after the authorization of the appropriation for its construction and improvement, the county shall refund the indebtedness incurred pursuant to section 27:9-2 of this title by the issuance of bonds under the provisions of article 1 of chapter 1 of the title Municipalities and Counties (s. 40:1-1 et seq.), none of which shall mature at a date later than the period set forth in section 40:1-34, of the title Municipalities and Counties, counting from the time of the authorization of the appropriation for the construction and improvement.
This section added to the Rutgers Database: 2012-09-26 13:37:49.
Older versions of 27:9-4 (if available):
Court decisions that cite this statute:
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