The authority, by resolution, may designate its treasurer to sell and award bonds in accordance with the advertised terms of public sale. The treasurer making any such sale shall report in writing to the authority at the next meeting thereof as to the principal amount, interest rate, and maturities of the bonds sold, the price obtained and the name of the purchaser.
N.J. Stat. Ann. § 40:37B-23
Sale of bonds by treasurer; report
Known as the First Class County Recreation Authority Law
The act spans §§ 40:37B-1 to 40:37B-9 (47 sections).
L.1967, c. 136, s. 23, 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.