4. Refunding bonds of the State of New Jersey are authorized to be issued in an amount not to exceed the amount necessary to effectuate the refinancing of all or any portion of any series of outstanding bonds in accordance with the terms and conditions of section 5 of this act.
N.J. Stat. Ann. § 49:2B-4
Amount authorized
Known as the Refunding Bond Act
The act spans §§ 49:2B-1 to 49:2B-9 (21 sections).
L.1985,c.74,s.4.
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.