New Jersey § 32:11D-80 Recording

New Jersey Statutes

§ 32:11D-80 — Recording

New Jersey § 32:11D-80

Title 32INTERSTATE AND PORT AUTHORITIES AND COMMISSIONS

This text of New Jersey § 32:11D-80 (Recording) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 32:11D-80 (2026).

Text

No indenture need be recorded or filed in any public office, other than the office of the commission. The pledge of revenues provided in any indenture shall take effect forthwith as provided therein and irrespective of the date of receipt of such revenues by the commission or the indenture trustee. Such pledge shall be effective as provided in the indenture without physical delivery of the revenues to the commission or to the indenture trustee. L.1961, c. 13, p. 73, s. 12.17.

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No indenture need be recorded or filed in any public office, other than the office of the commission. The pledge of revenues provided in any indenture shall take effect forthwith as provided therein and irrespective of the date of receipt of such revenues by the commission or the indenture trustee. Such pledge shall be effective as provided in the indenture without physical delivery of the revenues to the commission or to the indenture trustee. L.1961, c. 13, p. 73, s. 12.17.