Securities of local unit purchased by it not to be canceled; sale thereafter

N.J. Stat. § 40A:5-15.3
in effect
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Securities of a local unit purchased by it shall not be canceled but may be sold as and when directed by resolution adopted by a majority vote of all the members of the governing body. L.1977, c. 396, s. 10, eff. Feb. 23, 1978.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026