New Jersey § 44:1-53
Full text of New Jersey New Jersey Statutes § 44:1-53, with citation guidance and answers to common questions.
§ 44:1-53.
At any time after a vote by more than one county in favor of a district welfare-house
as provided in this chapter, the boards of chosen freeholders may by joint resolution
borrow money and issue bonds or other obligations therefor in the name of the counties
concerned, and negotiate the same for the purpose of raising money necessary to carry
out the provisions of this chapter for the purpose of establishing, altering or enlarging
the district welfare-house or its appurtenances. The procedure for the issuance of such bonds shall, except as otherwise provided in
this chapter and to the extent of the purposes authorized in this chapter, be after
the manner provided in article 1 of chapter 1 of the title Municipalities and Counties
( § 40:1-1 et seq. ). 1 The bonds shall: a. Be of a denomination of not less than one hundred dollars; b. Bear interest at a rate not higher than six per cent; c. Be denominated “District Welfare Bonds” of the counties to be named as obligated; d. Be payable pro rata as by this chapter provided for the payment of cost and expenses; e. Not be sold below par; and f. Not be subject to taxation except for state purposes. The respective counties jointly constructing, operating and maintaining the district
welfare-house as provided in this chapter, excepting municipalities not participating,
shall, in the manner indicated in the proceedings to bond the district, to be stated
in the bonds, indicate the time, place and manner of payment of the principal and
interest thereof, and be liable for the payment of such bonds, together with interest
thereon in the proportion as in this chapter indicated for such cost and expense at
the time of the adoption of the resolution of the board for the issuance thereof. 1
Repealed. See, now, N.J.S.A. § 40A:2-1 et seq.
Frequently Asked Questions About New Jersey § 44:1-53
What does New Jersey Statutes § 44:1-53 cover?
Section 44:1-53 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 § 44:1-53?
A common citation format is "New Jersey Statutes § 44:1-53" (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 § 44:1-53 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.