New Jersey § 58:5-44
Full text of New Jersey New Jersey Statutes § 58:5-44, with citation guidance and answers to common questions.
§ 58:5-44.
Upon adoption of a bond resolution, a commission shall have power to incur indebtedness,
borrow money and issue its bonds (including bonds to be exchanged for outstanding
bonds) for the purpose of financing the project or of funding or refunding the bonds
described therein. Such bonds shall be authorized by the bond resolution and may be issued in one or
more series and shall bear such date or dates, mature at such time or times not exceeding
50 years from the date thereof, bear interest at such rate or rates not exceeding
6% per annum, be in such denomination or denominations, be in such form, either coupon
or registered, carry such conversion or registration privileges, have such rank or
priority, be executed in such manner, be payable from such sources in such medium
of payment at such place or places within or without the State, and be subject to
such terms of redemption (with or without premium) as the bond resolution may provide.
Frequently Asked Questions About New Jersey § 58:5-44
What does New Jersey Statutes § 58:5-44 cover?
Section 58:5-44 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 § 58:5-44?
A common citation format is "New Jersey Statutes § 58:5-44" (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 § 58:5-44 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.