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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:
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