Every municipality within or part of the school district of the issuing board is hereby authorized to adopt an ordinance containing a guaranty of bonds issued under this act.
N.J. Stat. Ann. § 18A:24-75
Municipal ordinance for guaranty; authorization
Known as the The School Qualified Bond Act
The act spans §§ 18–18 (116 sections).
L.1971, c. 36, s. 10, eff
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.