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Although declaring legal documents is generally a nerve-racking and time-intensive procedure, there is an chance to complete them easily by using the US Legal Forms solution. It provides you with the NJ Refunding Bond and Release and helps through the overall procedure, so that you really feel confident in timely and proper filling out
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An example of a refunded bond would be when a municipality issues a new bond to replace an older bond that has a higher interest rate. For instance, if a city had a bond issued at 5% interest, but current rates drop to 3%, the city can issue a NJ Refunding Bond and Release to provide savings by refinancing. This enables local governments to reduce their long-term debt obligations efficiently.
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