11. A bond or other obligation issued pursuant to P.L.2023, c.346 (C.40A:67-1 et seq.) shall be fully negotiable for the purposes of the negotiable instruments law under Title 12A of the New Jersey Statutes, and each holder or owner of a bond or other obligation, or of any appurtenant coupon, by accepting the bond or coupon shall be conclusively deemed to have agreed that the bond, obligation, or coupon shall be fully negotiable for the purposes of the negotiable instruments law under Title 12A of the New Jersey Statutes.
N.J. Stat. Ann. § 40A:67-11
Bond, other obligation, fully negotiable, regional rehabilitation, reentry center
Known as the Regional Rehabilitation and Reentry Center Authority Act
The act spans §§ 40A:67-1 to 40A:67-9 (23 sections).
L.2023, c.346, s.11.
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.