New Jersey § acts:saved-54 - (31)

Full text of New Jersey New Jersey Statutes § acts:saved-54 — (31), with citation guidance and answers to common questions.

§ acts:saved-54. (31)

1. It shall be lawful for the governing body of any town, township, borough or other

municipality, for which commissioners of adjustment have been or hereafter may be

appointed by the circuit court under the provisions of the act to which this is a

supplement, to borrow money for the purpose of defraying the expenses of such commissioners

by issuing certificates of indebtedness, or other like obligations, in anticipation

of the collection of taxes or assessments, or both, under and by virtue of the proceedings

of such commissioners, which certificates, or other obligations, shall be made payable

within five years or less, with interest not exceeding six per cent per annum, and

the proceeds arising from the sale of such certificates, or other obligations, shall

be used exclusively for defraying the expenses of such commissioners incurred under

the provisions of the act to which this is a supplement, including the necessary search

fees and the fees for serving the order to show cause or notice provided for in said

act.

Frequently Asked Questions About New Jersey § acts:saved-54

What does New Jersey Statutes § acts:saved-54 cover?

Section acts:saved-54 ("(31)") 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-54?

A common citation format is "New Jersey Statutes § acts:saved-54" (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-54 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.