Obligations may be issued in registered form, and all or any portion of an issue of obligations may be issued in the form of a single bond or note to a bank, transfer agent, fiscal agent, registrar or other holder appointed by resolution or ordinance of the public issuer for the purpose of maintaining a book entry system.
N.J. Stat. Ann. § 49:2-4
Form of obligation
Known as the Public Obligation Registration Act
The act spans §§ 49:2-1 to 49:2-7 (7 sections).
L.1983, c. 243, s. 3, 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.