New Jersey § acts:saved-40 - (3)
Full text of New Jersey New Jersey Statutes § acts:saved-40 — (3), with citation guidance and answers to common questions.
§ acts:saved-40. (3)
3. That for the purpose of creating and maintaining said fire department, and for purchasing
the necessary engines, utensils and apparatus necessary for the purpose, the said
common council, board of aldermen or other governing body of said city or municipality
shall have power to issue bonds to an amount not exceeding one thousand dollars to
each thousand inhabitants of such city or municipality, which bonds shall have not
more than twenty nor less than ten years to run, and shall bear interest at a rate
not to exceed five per cent per annum, and shall pledge the faith, credit and property
of said city for the payment of the principal and interest thereon, and shall provide
for the redemption of the same by taxation.
Frequently Asked Questions About New Jersey § acts:saved-40
What does New Jersey Statutes § acts:saved-40 cover?
Section acts:saved-40 ("(3)") 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 § acts:saved-40?
A common citation format is "New Jersey Statutes § acts:saved-40" (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 § acts:saved-40 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.