40:66A-13 - Negotiability of bonds or obligations - New Jersey Statutes

40:66A-13.  Negotiability of bonds or obligations
    Any provision of any law to the contrary notwithstanding any bond or other obligation issued pursuant to this act shall be fully negotiable in the meaning  and for all purposes of the law merchant and negotiable instruments law of the  State, and each holder or owner of such a bond or other obligation, or of any  coupon appurtenant thereto, by accepting such bond or coupon shall be  conclusively deemed to have agreed that such bond, obligation or coupon is and  shall be fully negotiable within the meaning and for all purposes of said law  merchant and negotiable instruments law.

     L.1948, c. 348, p. 1367, s. 13, eff. Sept. 1, 1948.