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New Jersey Statutes, Title: 58, WATERS AND WATER SUPPLY

    Chapter 5: State divided into two water supply districts; laws applicable

      Section: 58:5-45: Sale of bonds

           Bonds of a commission may be sold by the commission at public or private sale at such price or prices as the commission shall determine; provided, however, that the interest cost to maturity of the money received for any issue of bonds (computed according to standard tables of bond values) shall not exceed 6\% per annum.

L.1962, c. 167, s. 15.



This section added to the Rutgers Database: 2012-09-26 13:37:57.






Older versions of 58:5-45 (if available):



Court decisions that cite this statute: CLICK HERE.