N.J. Stat. § 49:2B-10
Issues as separate series, interest payable
New Jersey · New Jersey Statutes Title 49 — Sale of Securities · Status: effective
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- Citation
- N.J. Stat. § 49:2B-10, Issues as separate series, interest payable, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1476820
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Full text
10. When refunding bonds are issued from time to time, the refunding bonds of each issue shall constitute a separate series to be designated by the issuing officials. Each series of refunding bonds shall bear rates of interest as may be determined by the issuing officials, which interest shall be payable at such times and in such manner as may be determined by the issuing officials.