Deduction from gross debt.

N.J. Stat. § 18A:64A-22.4
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026

Starting a business in New Jersey? New Jersey LLC guide: costs and requirements