The Local Finance Board, the director, and local units and local authorities shall not act under this act in a manner inconsistent with a bond resolution or service contract in effect at the time of the action.
N.J. Stat. Ann. § 40A:5A-27
Actions to be consistent with bond resolution, service contract
Known as the Local Authorities Fiscal Control Law
The act spans §§ 40A:5A-1 to 40A:5A-9 (38 sections).
L. 1983,c.313, s.27; amended by L. 1987,c.319,s.12.
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.