New Jersey § 49:2b-16
Full text of New Jersey New Jersey Statutes § 49:2b-16, with citation guidance and answers to common questions.
§ 49:2b-16.
Accrued interest received upon the sale of refunding bonds shall be applied to the
discharge of a like amount of interest upon those bonds when due. Any expense incurred by the issuing officials for advertising, engraving, printing,
clerical, authenticating, registering, trustees, escrow agents, legal, financial,
advisory or other services necessary or convenient to carry out the duties imposed
upon them by the provisions of this act, as well as the overhead and other expenses
of the Department of the Treasury properly allocable to the cost of the State Treasurer
performing the duties provided in this act, shall be paid from the proceeds of the
sale of the bonds, by the State Treasurer upon warrant of the Comptroller of the Treasury,
in the same manner as other obligations of the State are paid.
Frequently Asked Questions About New Jersey § 49:2b-16
What does New Jersey Statutes § 49:2b-16 cover?
Section 49:2b-16 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 49:2b-16?
A common citation format is "New Jersey Statutes § 49:2b-16" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 49:2b-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.