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New Jersey Statutes, Title: 58, WATERS AND WATER SUPPLY
Chapter 14: Boundaries of Passaic Valley Sewerage District
Section: 58:14-34.16: Negotiability of bonds, obligations and coupons
Any provision of any law to the contrary notwithstanding, any bond or other obligation issued pursuant to this act shall be fully negotiable within the meaning and for all purposes of the uniform commercial code of the State, and each holder or owner of such a bond or other obligation, or of any coupon appurtenant thereto, by accepting such bond or coupon shall be conclusively deemed to have agreed that such bond, obligation or coupon is and shall be fully negotiable within the meaning and for all purposes of said uniform commercial code. L.1953, c. 388, p. 2014, s. 7. Amended by L.1971, c. 141 s. 3, eff. May 12, 1971.
This section added to the Rutgers Database: 2012-09-26 13:37:57.
Older versions of 58:14-34.16 (if available):
Court decisions that cite this statute:
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