40A:2-34 - Power of financial officer to sell bonds - New Jersey Statutes

40A:2-34.  Power of financial officer to sell bonds
    The governing body, by resolution, may designate a financial officer of the  local unit to sell and award bonds in accordance with the advertised terms of  public sale.  The financial officer making any such sale shall report in  writing to the governing body at the next meeting thereof as to the principal  amount, interest rate, and maturities of the bonds sold, the price obtained and  the name of the purchaser.

     L.1960, c. 169, s. 1, eff. Jan. 1, 1962.