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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES

    Chapter 62: Accounts; supervision by board of public utility commissioners

      Section: 40:62-30: Surplus used to meet bonds

           From the surplus of the income of such station or hall there may from time to time be taken such amounts as may, in the judgment of the officials in control of the fund seem wise, and appropriated to the municipality for the purpose of paying interest or principal upon the bond issues outstanding for the construction of such station or hall.



This section added to the Rutgers Database: 2012-09-26 13:37:52.






Older versions of 40:62-30 (if available):



Court decisions that cite this statute: CLICK HERE.