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New Jersey Statutes, Title: 40A, MUNICIPALITIES AND COUNTIES

    Chapter 2:

      Section: 40A:2-50: Conclusiveness of validity of obligations

           After issuance, all obligations shall be conclusively presumed to be fully authorized and issued by all the laws of this State, and any person shall be estopped from questioning their sale, execution or delivery by the local unit.

L.1960, c. 169, s. 1, eff. Jan. 1, 1962.



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






Older versions of 40a:2-50 (if available):



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