State Codes and Statutes

Statutes > New-jersey > Title-18a > Section-18a-24 > 18a-24-31

18A:24-31.  Form;  type I districts
    All bonds of a type I school district, issued in accordance with this chapter, shall be designated  "school bonds"  and shall be in either registered  or coupon form, or both, and of such denomination as the governing body of the  municipality, comprising the district, shall determine, and such bonds, within  the limitations and provisions of this chapter, shall mature and be payable in  such years and amounts as said governing body shall determine in the ordinance  authorizing issuance of the bonds or by subsequent resolution.
 
L.1967, c.271.