New Jersey Revised Statutes § 40:48-8.42 - Bank Or Trust Company As Paying Agent

40:48-8.42. Bank or trust company as paying agent
No bonds or notes entitled to the benefits of this amendatory and supplementary act shall be issued unless there is designated therefor a trustee paying agent or paying agents, at least one of which is a bank or trust company authorized to do business in this State.

L.1979, c. 273, s. 17, eff. Jan. 3, 1980.


Section: Previous  40-48-8.34  40-48-8.35  40-48-8.36  40-48-8.37  40-48-8.38  40-48-8.39  40-48-8.40  40-48-8.42  40-48-8.43  40-48-8.44  40-48-8.45  40-48-8.46  40-48-8.47  40-48-8.48  40-48-8.49  Next

Last modified: October 11, 2016