New Jersey § acts:saved-27 - (3)
Full text of New Jersey New Jersey Statutes § acts:saved-27 — (3), with citation guidance and answers to common questions.
§ acts:saved-27. (3)
3. The bonds hereby authorized in sections one and two shall be general obligations
of the municipality or the county, as the case may be, and may be authorized by resolution,
and shall bear interest at the rate of four per cent (4%) per annum, payable semiannually,
and dated as of the first day of April, one thousand nine hundred and thirty-five,
and payable in eight annual installments of as nearly equal amounts as may be; provided,
that the last seven maturities shall be in even hundred dollars and the first maturity
in amount to equal with the other maturities the amount of the tax due and penalties. Bonds authorized by this act may be issued notwithstanding any limitations or restrictions
of any other law; provided, that bonds issued under this act shall be included in
any annual or supplemental debt statement thereafter made or filed in determining
the power of the county or municipality, as the case may be, to become otherwise indebted.
Frequently Asked Questions About New Jersey § acts:saved-27
What does New Jersey Statutes § acts:saved-27 cover?
Section acts:saved-27 ("(3)") 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 § acts:saved-27?
A common citation format is "New Jersey Statutes § acts:saved-27" (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 § acts:saved-27 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.