State Codes and Statutes
Statutes > New-jersey > Title-40a > Section-40a-5 > 40a-5-15-340A:5-15.3. Securities of local unit purchased by it not to be canceled; sale thereafter
Securities of a local unit purchased by it shall not be canceled but may be sold as and when directed by resolution adopted by a majority vote of all the members of the governing body.
L.1977, c. 396, s. 10, eff. Feb. 23, 1978.
