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New Jersey Statutes, Title: 40A, MUNICIPALITIES AND COUNTIES
Chapter 5:
Section: 40A:5-15.3: Securities of local unit purchased by it not to be canceled; sale thereafter
Securities of a local unit purchased by it shall not be canceled but may be sold as and when directed by resolution adopted by a majority vote of all the members of the governing body.
L.1977, c. 396, s. 10, eff. Feb. 23, 1978.
This section added to the Rutgers Database: 2012-09-26 13:37:52.
Older versions of 40a:5-15.3 (if available):
Court decisions that cite this statute:
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