New Jersey § 32:11d-68
Full text of New Jersey New Jersey Statutes § 32:11d-68, with citation guidance and answers to common questions.
§ 32:11d-68.
Bonds and other indebtedness of the commission shall be authorized by resolution of
the commission. The validity of the authorization and issuance of any bonds by the commission shall
not be dependent upon nor affected in any way by: (i) the disposition of bond proceeds
by the commission or by contract, commitment or action taken with respect to such
proceeds; or (ii) the failure to complete any part of the project for which bonds
are authorized to be issued. The commission may issue bonds in 1 or more series and may provide for 1 or more
consolidated bond issues, in such principal amounts and with such terms and provisions
as the commission may deem necessary. The bonds may be secured by a pledge of all or any part of the property, revenues
and franchises under its control. Bonds may be issued by the commission in such amount, with such maturities and in
such denominations and form or forms, whether coupon or registered, as to both principal
and interest, as may be determined by the commission. The commission may provide for redemption of bonds prior to maturity on such notice
and at such time or times and with such redemption provisions, including premiums,
as the commission may determine.
Frequently Asked Questions About New Jersey § 32:11d-68
What does New Jersey Statutes § 32:11d-68 cover?
Section 32:11d-68 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 § 32:11d-68?
A common citation format is "New Jersey Statutes § 32:11d-68" (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 § 32:11d-68 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.