N.J. Stat. § 40A:2-21

Current through L. 2024, c. 80.

Section 40A:2-21 - Minimum period of usefulness

No local unit shall authorize obligations for any improvement or purpose having a period of usefulness of less than 5 years.

N.J.S. § 40A:2-21

L.1960, c.169, s.1, eff. 1/1/1962.