40A:10-38.2 - Definitions
40A:10-38.2. Definitions
2. As used in this act:
a. "Bond" means bonds and other obligations, such as letters of credit, authorized and issued by a joint insurance fund.
b. "Bond resolution" means a resolution adopted by a joint insurance fund describing the bonds to be authorized and issued and the bonds or indebtedness to be funded or refunded.
c. "Joint insurance fund" or "fund" means a joint insurance fund created pursuant to subsection b. of section 1 of P.L.1983, c.372 (C.40A:10-36).
L.1993,c.269,s.2.