State Codes and Statutes

Statutes > New-jersey > Title-40a > Section-40a-2 > 40a-2-21

40A:2-21. Minimum period of usefulness No local unit shall authorize obligations for any improvement or purpose having a period of usefulness of less than 5 years.

L.1960, c. 169, s. 1, eff. Jan. 1, 1962.

State Codes and Statutes

Statutes > New-jersey > Title-40a > Section-40a-2 > 40a-2-21

40A:2-21. Minimum period of usefulness No local unit shall authorize obligations for any improvement or purpose having a period of usefulness of less than 5 years.

L.1960, c. 169, s. 1, eff. Jan. 1, 1962.