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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES

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

      Section: 40:62-34.12: Sale of notes; interest rate

           The $2,000,000.00 to be borrowed by the municipality in 1960 may be obtained at either private or public sale, notwithstanding any other provision of law, at a rate of interest not to exceed 6\% per annum.

L.1960, c. 2, p. 13, s. 3.



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






Older versions of 40:62-34.12 (if available):



Court decisions that cite this statute: CLICK HERE.