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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES
Chapter 66a:
Section: 40:66a-11: Rights of holders of temporary bonds.
11. After sale of any revenue bonds pursuant to this act, the incinerator or environmental services authority shall have power to authorize the execution and issuance to the purchasers, pending the preparation of the definitive bonds, of interim certificates therefor or of temporary bonds or other temporary instruments exchangeable for the definitive bonds when prepared, executed and ready for delivery. The holders of such interim certificates, temporary bonds or other temporary instruments shall have all the rights and remedies which they would have as holders of the definitive bonds.
L.1948, c.348, s.11; amended 2012, c.31, s.13.
This section added to the Rutgers Database: 2012-09-26 13:37:52.
Older versions of 40:66a-11 (if available):
Court decisions that cite this statute:
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