Special sinking fund requirements additional to annual requirements
40:3-22. Special sinking fund requirements additional to annual requirements
The special sinking fund requirements, as provided in section 40:3-21 of this title shall not take the place of the proper annual sinking fund requirements for any issue of term bonds, but shall be in addition thereto.
This is the verbatim text of N.J.S.A. 40:3-22, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.