New Jersey Statutes
§ 18A:71A-15 — Personal liability on bonds, notes and other obligations.
New Jersey·Title 18A EDUCATION
18A:71A-15. Personal Liability on Bonds, Notes and Other Obligations. Neither the members of the authority, nor any person executing bonds, notes or other obligations issued by it, nor any officer or employee of the authority shall be liable personally on the bonds, notes or other obligations or be subject to any personal liability or accountability by reason of the issuance thereof. L.1999,c.46,s.1.
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Nearby Sections
15
§ 18A:71A-1
Short title.§ 18A:71A-10
Contracts, purchases, records, travel.§ 18A:71A-14
Bond resolutions.§ 18A:71A-17
Security for bonds.§ 18A:71A-18
Liability for payment of bonds.§ 18A:71A-19
Rights of bondholders.§ 18A:71A-2
Terms defined.§ 18A:71A-20
Refunding bonds.§ 18A:71A-21
Bonds as legal investments.§ 18A:71A-23
Higher Education Student Assistance Fund.