Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 40-37b-29 — New Jersey Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Jersey/
  4. Title 40 - Municipalities and Counties/
  5. Chapter 1/
  6. § 40-37b-29
New Jersey Legal Code

§ 40-37b-29

Ask AI about this
40:37B-29. Negotiability of bonds or other obligations Any provision of 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 law merchant and laws applicable to negotiable instruments, 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 law merchant and laws applicable to negotiable instruments. L.1967, c. 136, s. 29, eff. June 28, 1967.