Skip to main content
THIS SITE
PREVIOUS SECTION Go back to sections Go back to the chapter Go back to the N.J. Statutes homepage NEXT SECTION


New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES

    Chapter 14b: Citation

      Section: 40:14b-27: Sale of bonds

           Bonds of a municipal authority may be sold by the municipal authority at public or private sale at such price or prices as the municipal 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.

L.1957, c. 183, p. 654, s. 27, eff. Aug. 22, 1957.



This section added to the Rutgers Database: 2012-09-26 13:37:51.






Older versions of 40:14b-27 (if available):



Court decisions that cite this statute: CLICK HERE.