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New Jersey Statutes, Title: 40A, MUNICIPALITIES AND COUNTIES
Chapter 66:
Section: 40A:66-13: Bond, obligation, coupon fully negotiable.
13. The provisions of any law, rule, or regulation to the contrary notwithstanding, any bond or other obligation issued pursuant to P.L.2015, c.129 (C.40A:66-1 et al.) shall be fully negotiable for the purposes of the negotiable instruments law under Title 12A of the New Jersey Statutes, and each holder or owner of a bond or other obligation, or of any coupon appurtenant thereto, by accepting the bond or coupon shall be conclusively deemed to have agreed that the bond, obligation, or coupon is and shall be fully negotiable for the purposes of the negotiable instruments law under Title 12A of the New Jersey Statutes.
L.2015, c.129, s.13.
This section added to the Rutgers Database: 2015-11-30 09:18:33.
Older versions of 40a:66-13 (if available):
Court decisions that cite this statute:
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