New Jersey § 52:27bbbb-9
Full text of New Jersey New Jersey Statutes § 52:27bbbb-9, with citation guidance and answers to common questions.
§ 52:27bbbb-9.
a. Notwithstanding the provisions of any law or regulation, including, without limitation,
the “Local Bond Law,” N.J.S.40A:2-1 et seq. , and the “Municipal Qualified Bond Act,” P.L.1979, c. 38 ( C.40A:3-1 et seq. ), that requires the adoption of an ordinance or resolution to authorize any action
of a municipality, a resolution issued by the director shall suffice in lieu of a
municipal ordinance or resolution for all purposes, except for bond ordinances, in
a municipality in need of stabilization and recovery. b. In the case of bond ordinances in a municipality in need of stabilization and recovery,
the director's resolution in lieu of such ordinances shall be published in full in
a newspaper circulating in the municipality and a copy of the resolution shall be
filed for public inspection with the municipal clerk of the municipality in need of
stabilization and recovery. The publication of the director's resolution shall occur not less than 10 days prior
to the time and place of a public hearing to be had on the resolution. The resolution shall become effective on the 45th day after the public hearing,
unless: (1) the resolution is modified by the director subsequent to the meeting, in which
case there shall be a second public hearing on no less than 10 days' notice; or (2) there is filed with the municipal clerk within 45 days of the hearing, a petition
requesting a referendum in said municipality signed by either five percent or 10,000
of the registered voters of said municipality, whichever is lesser. If a petition is filed, the resolution pertaining to the bond measures issued by the
director shall be submitted to the registered voters of said municipality at the next
general or regular municipal election and in the same manner and form as other public
questions to be voted upon by voters of a single municipality.
Frequently Asked Questions About New Jersey § 52:27bbbb-9
What does New Jersey Statutes § 52:27bbbb-9 cover?
Section 52:27bbbb-9 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 § 52:27bbbb-9?
A common citation format is "New Jersey Statutes § 52:27bbbb-9" (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 § 52:27bbbb-9 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.