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New Jersey Statutes, Title: 27, HIGHWAYS
Chapter 9: Construction of state highway routes by counties; consent required
Section: 27:9-11: Maturity of bonds arranged
In fixing the time or times of maturity of the principal of any such bonds, the board of chosen freeholders shall consider the amounts to be received each year by way of reimbursement and shall endeavor to arrange the times of maturity of the principal so that the levy of a tax will not be necessary in order to pay either the principal or interest of the bonds.
This section added to the Rutgers Database: 2012-09-26 13:37:49.
Older versions of 27:9-11 (if available):
Court decisions that cite this statute:
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