New Jersey Statutes 40:151-54. Bonds to pay water bills in arrears prior to 1935
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Terms Used In New Jersey Statutes 40:151-54
- Amortization: Paying off a loan by regular installments.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
L.1935, c. 135, p. 347 entitled “An act concerning the payment of past due water service charges of fire districts in townships of this state,” approved March twenty-sixth, one thousand nine hundred and thirty-five, saved from repeal. [This act provides for the payment by township fire districts of arrearages for water service where such arrearages existed before 1935. It provides the rate of interest, maturity dates and amount of the annual installments for amortization.]