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40A:5-15.3 - Securities of local unit purchased by it not to be canceled; sale thereafter

40A:5-15.3.  Securities of local unit purchased by it not to be canceled; sale thereafter
    Securities of a local unit purchased by it shall not be canceled but may be  sold as and when directed by resolution adopted by a majority vote of all the  members of the governing body.

     L.1977, c. 396, s. 10, eff. Feb. 23, 1978.
 

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