New Jersey § app:a-4
Full text of New Jersey New Jersey Statutes § app:a-4, with citation guidance and answers to common questions.
§ app:a-4.
Any bonds or notes authorized by this act to be funded or refunded may be funded or
refunded, notwithstanding that provision for their payment shall have been made in
any budget theretofore adopted, or that funds or revenues remaining uncollected have
by law been appropriated to their payment. The funds to be realized from such appropriations or from the collection of such
funds or revenues may, however, by resolution adopted by the governing body prior
to the issuance of refunding bonds, be pledged to the payment of such refunding bonds,
and such pledge shall thereafter be deemed a contract between such municipality and
the holders of said bonds. Such funds or revenues so pledged shall when received be deposited forthwith in
a trust fund which shall be established by the governing body of such municipality. Said trust fund shall be deposited in an incorporated bank or trust company and
shall be used for no purpose except for the payment of the principal of or interest
on refunding bonds issued pursuant to this act, and shall not be invested.
Frequently Asked Questions About New Jersey § app:a-4
What does New Jersey Statutes § app:a-4 cover?
Section app:a-4 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 § app:a-4?
A common citation format is "New Jersey Statutes § app:a-4" (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 § app:a-4 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.