N.J. Stat. § 40:14B-27
Current through L. 2024, c. 87.
Bonds of a municipal authority may be sold by the municipal authority at public or private sale at such price or prices as the municipal authority shall determine; provided, however, that the interest cost to maturity of the money received for any issue of bonds (computed according to standard tables of bond values) shall not exceed 6% per annum.
N.J.S. § 40:14B-27