58:5-47 - Negotiability of bonds - New Jersey Statutes

58:5-47.  Negotiability of bonds
    Any provision of any law to the contrary notwithstanding, any bond or other  obligation issued pursuant to this act shall be fully negotiable within the  meaning and for all purposes of the negotiable instruments law of the State,  and each holder or owner of such a bond or 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 negotiable  instruments law.

     L.1962, c. 167, s. 17.