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New Jersey Statutes, Title: 40A, MUNICIPALITIES AND COUNTIES
Chapter 7: Law applicable in annexed territory
Section: 40A:7-19: Payment of indebtedness
The credit of the municipality to which the territory has been annexed shall stand pledged for the final payment of the indebtedness so apportioned to it and it shall make the payments in the manner and at the times set forth in the report.
L.1979, c. 181, s. 2, eff. Aug. 29, 1979.
This section added to the Rutgers Database: 2012-09-26 13:37:52.
Older versions of 40a:7-19 (if available):
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