New Jersey Revised Statutes § 18a:64a-22.4 - Deduction From Gross Debt.

18A:64A-22.4 Deduction from gross debt.

4.Such additional borrowing, if entered into by the county, shall constitute a deduction from the gross debt of such county and shall not be considered in determining its net debt for debt incurring purposes.

L.1971,c.12,s.4; amended 1997, c.360, s.10.

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Last modified: October 11, 2016