New Jersey Acts Saved from Repeal ACTS SAVED 27 § 11-12(2)

2. Where any municipality has paid to the county treasurer any or all of its state road tax levied prior to one thousand nine hundred and thirty-four, but the county treasurer has failed to transmit same to the state treasurer, then in such case, the county may pay the amount so withheld, and authority is hereby given it so to do, by the issuance of bonds of the county to be known as state road tax funding bonds, payable to the state highway sinking fund in the amount of the state road tax so withheld, plus the penalties prescribed by law for the nonpayment thereof.