40:60-25.46 - Borrowing money; bonds - New Jersey Statutes

40:60-25.46.  Borrowing money;  bonds
    The board or body having charge or control of the finances of such municipality or the board of education, as the case may be, may from time to time borrow the money necessary for the acquisition of said burying grounds or cemeteries as aforesaid and the disinterment of the bodies and the reinterment of the same and all expenses connected therewith, and issue temporary obligations therefor, and after the entire cost thereof has been ascertained may issue interest-bearing bonds of the said municipality or school district to  take up such temporary obligations.

     L.1948, c. 80, p. 471, s. 14, eff. May 21, 1948.