Bonds payable in installments

N.J. Stat. § 18A:24-6
in effect
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All bonds issued under this chapter shall be payable in annual installments commencing not more than two years from their date, and no installment shall be more than 100% in excess of the amount of the smallest prior installment. L.1967, c.271; amended by L.1983, c. 458, s. 1, eff. Jan. 12, 1984.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026

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