New Jersey Statutes 20:4-12. Fund availability
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Terms Used In New Jersey Statutes 20:4-12
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Funds appropriated or otherwise available to any taking agency for the acquisition of real property or any interest therein for a particular program or project shall be available also for obligation and expenditure to carry out the provisions of this act as applied to that program or project.
L.1971, c. 362, s. 12, eff. Jan. 1, 1972.