New Jersey Statutes
§ 32:8-5 — Pledging credit of states, counties or municipalities prohibited
New Jersey·Title 32 INTERSTATE AND PORT AUTHORITIES AND COMMISSIONS
ARTICLE IV. Notwithstanding any provision of this agreement, the commission shall have no power to pledge the credit of the state of New Jersey, or of the commonwealth of Pennsylvania, or of any county, city, borough, village, township and other municipality of said state or commonwealth, or to create any debt against said state or commonwealth or any such municipality.
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New Jersey § 32:8-5 (Pledging credit of states, counties or municipalities prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 32:8-1
Preamble; agreement§ 32:8-10
Annual reports, audits§ 32:8-11.2
Consent of Congress§ 32:8-11.3
State Highway Department defined§ 32:8-11.5
Partial invalidity; severability§ 32:8-11.6
Effective date§ 32:8-13
Appropriation; return; disbursement§ 32:8-15
Tolls on free bridges not authorized§ 32:8-15.6
Minutes delivery; actions taking effect§ 32:8-15.7
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