Section 40:62-34.12 - Sale of notes; interest rate

NJ Rev Stat § 40:62-34.12 (2019) (N/A)
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40:62-34.12. Sale of notes; interest rate

The $2,000,000.00 to be borrowed by the municipality in 1960 may be obtained at either private or public sale, notwithstanding any other provision of law, at a rate of interest not to exceed 6% per annum.

L.1960, c. 2, p. 13, s. 3.