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

    Chapter 2:

      Section: 40A:2-9: Interim obligations

           After the sale of obligations, and pending the preparation of the definitive obligations, a local unit may issue interim obligations to the purchasers of such obligations. The definitive obligations, when prepared, may be delivered to the holders of such interim obligations in exchange therefor.

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:2-9 (if available):



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