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New Jersey Statutes, Title: 52, STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
Chapter 27: Local Government Board to be constituted the "Municipal Finance Commission"
Section: 52:27-39.4: County treasurer to perform compromise settlement--disposition of consideration received
The county treasurer shall carry out and perform any such compromise settlement so authorized in accordance with its terms and provisions. Any notes or bonds or other considerations received other than cash may be sold, exchanged, renewed, refinanced or otherwise disposed of at any time or from time to time at such price or prices and upon such terms as the board of chosen freeholders may by resolution authorize, and such notes or bonds, or other obligations received in exchange, renewal or refinancing thereof, shall be enforceable by the county in accordance only with their terms and the laws governing the same.
L.1946, c. 35, p. 77, s. 4.
This section added to the Rutgers Database: 2012-09-26 13:37:55.
Older versions of 52:27-39.4 (if available):
Court decisions that cite this statute:
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