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New Jersey Statutes - Title 40A Municipalities and Counties - 40A:2-50 Conclusiveness of validity of obligations

Legal Research Home > New Jersey Laws > Municipalities and Counties > New Jersey Statutes - Title 40A Municipalities and Counties - 40A:2-50 Conclusiveness of validity of obligations

40A:2-50. Conclusiveness of validity of obligations
After issuance, all obligations shall be conclusively presumed to be fully authorized and issued by all the laws of this State, and any person shall be estopped from questioning their sale, execution or delivery by the local unit.

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

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Last modified: February 14, 2012