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New Jersey Statutes, Title: 58, WATERS AND WATER SUPPLY
Chapter 5: State divided into two water supply districts; laws applicable
Section: 58:5-28: Contracting municipalities may borrow money; issue of bonds and notes
Each municipality entering into a contract with a district water supply commission as provided in this chapter may borrow upon its bonds, or upon its notes or other temporary obligations, the money necessary to make the payments required by such contract. Such bonds or other obligations shall be issued under and in accordance with article 1 of chapter 1 of the title Municipalities and Counties (s. 40:1-1 et seq.).
This section added to the Rutgers Database: 2012-09-26 13:37:57.
Older versions of 58:5-28 (if available):
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