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18A:24-6 - Bonds payable in installments

18A:24-6.  Bonds payable in installments
    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.
 

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