Effect of amendatory act upon bond ordinance and bonds or notes authorized thereunder

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40A:2-64. Effect of amendatory act upon bond ordinance and bonds or notes authorized thereunder

Any bond ordinance passed upon first reading prior to the effective date of this act may be finally adopted as if this act had not taken effect, and bonds or notes authorized by any such bond ordinance or any bond ordinance finally adopted prior to the effective date of this act may be issued, sold or delivered pursuant to the provisions of the local bond law as if this act had not taken effect.

L.1964, c. 72, s. 11.


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