§ 40:3-1 Definitions
§ 40:3-2 Contracts as to bonds, notes not impaired
§ 40:3-3 When sinking fund commission to determine requirements
§ 40:3-4 Sinking fund commissions; appointment, duties and powers
§ 40:3-5 Commission to supersede all commissions; body corporate; disbursements; investments
§ 40:3-6 Certain officers to act when commission not functioning
§ 40:3-7 Foreclosure of mortgages; municipal sinking fund for school district bonds
§ 40:3-8 Commissioners not to receive compensation; bonds; secretary and assistants
§ 40:3-9 Custodian of moneys and securities; investments; accounts
§ 40:3-10 Sinking fund moneys; investment of
§ 40:3-11 Annual report; publication
§ 40:3-12 Accounts; how kept; classification of bonds; accretions; interest; losses
§ 40:3-13 When commission may sell bonds of county, school district or municipality
§ 40:3-14 Bonds falling due; funds transmitted for payment
§ 40:3-15 Commissioners may enforce payment to sinking fund of sums due
§ 40:3-16 Annual sinking fund requirements; amortization basis
§ 40:3-17 Sinking fund requirements for year; how calculated
§ 40:3-18 When contributions to cease
§ 40:3-19 Excess accumulations, to reduce requirements of sinking fund; deficiency
§ 40:3-20 Outstanding term bonds tabulated; adjustment of excesses and deficits; surpluses
§ 40:3-21 Deficiency in sinking funds; how raised
§ 40:3-22 Special sinking fund requirements additional to annual requirements
§ 40:3-23 Special sinking fund; distribution of
§ 40:3-24 Interest on surplus; use of
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Terms Used In New Jersey Statutes > Title 40 > Chapter 3

  • Amortization: Paying off a loan by regular installments.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Ex officio: Literally, by virtue of one's office.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • month: means a calendar month, and the word "year" means a calendar year. See New Jersey Statutes 1:1-2
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • 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