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New Jersey Statutes, Title: 54, TAXATION
Chapter 5:
Section: 54:5-113.3: Bond, note, obligation deemed asset of municipality
3. To the extent of its value, the bond, note or other obligation referred to in section 2 of P.L.1993, c.113 (C.54:5-113.1) shall be deemed an asset of the municipality and, as such, be available to the municipality for appropriate use, including sale, publicly or privately, as approved by a vote of two-thirds of the full governing body of the municipality.
L.1993,c.325,s.3.
This section added to the Rutgers Database: 2012-09-26 13:37:56.
Older versions of 54:5-113.3 (if available):
Court decisions that cite this statute:
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