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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES
Chapter 34a: Counties; authorizations; acquisition of property; construction of facility; raising money; issuance of debt obligations; operation of facility
Section: 40:34a-3: Limitation on period of usefulness
The period of usefulness of every off-street parking facility for any purpose under the local bond law, whether with respect to original acquisition or construction or subsequent reconstruction, enlargement, alteration, improvement, furnishing, or equipment shall be not greater than 30 years.
L.1972, c. 83, s. 3, eff. July 10, 1972.
This section added to the Rutgers Database: 2012-09-26 13:37:51.
Older versions of 40:34a-3 (if available):
Court decisions that cite this statute:
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