New Jersey Statutes
§ 27:25A-31 — Authority property exempt from execution
New Jersey·Title 27 HIGHWAYS
31.All property of the authority, except any property which is subjected to a lien to secure any bonds or notes issued by the authority, shall be exempt from levy and sale by virtue of an execution and no execution or other judicial process shall issue against the same, nor shall any such judgment against the authority be a charge or lien upon its property; provided that nothing herein contained shall apply to or limit the rights of the holders of any bonds or notes to pursue any remedy for the enforcement of any pledge or lien given by the authority on its revenues or other moneys. L.1991,c.252,s.31.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 27:25A-31 (Authority property exempt from execution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 27:25A-1
Short title§ 27:25A-11
Maintenance of completed projects§ 27:25A-12
Power of eminent domain§ 27:25A-13
Authority bonds, notes§ 27:25A-16
Pledges of authority revenues valid, binding§ 27:25A-2
Findings, declarations.§ 27:25A-21
Traffic regulations; violations, penalties.