New Jersey Statutes 52:27D-489k6. Bonds exempt from taxation
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Terms Used In New Jersey Statutes 52:27D-489k6
- 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
6. All bonds issued pursuant to sections 1 through 11 of P.L.2018, c.97 (C. 52:27D-489k1 et seq.), are hereby declared to be issued by a political subdivision of this State and for an essential public and governmental purpose and the bonds, and the interest thereon and the income therefrom, and all facility charges, funds, revenues, and other moneys pledged or available to pay or secure the payment of the bonds, or interest thereon, shall at all times be exempt from taxation except for transfer inheritance and estate taxes.
L.2018, c.97, s.6.