New Jersey Revised Statutes § 18a:24-40 - Cash Premium Not To Exceed ,000.00

18A:24-40. Cash premium not to exceed $1,000.00
The price for which bonds of any one issue of a type II district shall be sold shall not exceed by more than $1,000.00 the par value of the bonds of such issue offered for sale. In order that the amount bid at such sale shall not exceed such price, a sufficient number of the last maturing bonds shall be of the denomination of $1,000.00 or less.

L.1967, c.271.

Section: Previous  18a-24-33  18a-24-34  18a-24-35  18a-24-36  18a-24-37  18a-24-38  18a-24-39  18a-24-40  18a-24-41  18a-24-42  18a-24-43  18a-24-44  18a-24-45  18a-24-46  18a-24-47  Next

Last modified: October 11, 2016