New Jersey § 40a:12a-73

Full text of New Jersey New Jersey Statutes § 40a:12a-73, with citation guidance and answers to common questions.

§ 40a:12a-73.

An authority or municipality, as applicable, shall cause a copy of any bond resolution

or bond ordinance, as applicable, adopted by it to be filed for public inspection

in the office of the municipal clerk of the municipality wherein the project financed

by the bonds is located. In the case of an authority, the resolution also shall be filed for public inspection

in its office. The authority or municipality may cause to be published, at least once in a newspaper

published or circulating in the municipality, if there be one, and if not, in a newspaper

published and circulating in the county, a notice stating the fact and date of the

adoption and the places where the bond resolution or bond ordinance, as applicable,

has been so filed for public inspection along with the date of the first publication

of the notice and also stating that any action or proceeding of any kind or nature

in any court questioning the validity or proper authorization of bonds provided for

by the bond resolution or bond ordinance, as applicable, or the validity of any covenants,

agreements or contracts provided for by the bond resolution or bond ordinance, as

applicable, shall be commenced within 20 days after the first publication of that

notice. If any such notice shall at any time be published and if no action or proceeding

questioning the validity or proper authorization of bonds provided for by the bond

resolution or bond ordinance, as applicable, referred to in said notice, or the validity

of any covenants, agreements, or contracts provided for by said bond resolution or

bond ordinance, as applicable, shall be commenced or instituted within 20 days after

the first publication of the notice, then all persons shall be forever barred and

foreclosed from instituting or commencing any action or proceeding in any court, or

from pleading any defense to any action or proceeding, questioning the validity or

proper authorization of such bonds, or the validity of such covenants, agreements,

or contracts, and said bonds, covenants, agreements, and contracts shall be conclusively

deemed to be valid and binding obligations in accordance with their terms and tenor.

Frequently Asked Questions About New Jersey § 40a:12a-73

What does New Jersey Statutes § 40a:12a-73 cover?

Section 40a:12a-73 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 § 40a:12a-73?

A common citation format is "New Jersey Statutes § 40a:12a-73" (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 § 40a:12a-73 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.