New Jersey Statutes
§ 32:3-8 — Pledging credit or creating debt of states, counties or municipalities prohibited
New Jersey·Title 32 INTERSTATE AND PORT AUTHORITIES AND COMMISSIONS
ARTICLE VII. Notwithstanding any provision of this agreement, the commission shall have no power to pledge the credit of the commonwealth of Pennsylvania or the credit of the state of New Jersey or the credit of any county, city, borough, village, township or other municipality of said commonwealth or of said state, or to create any debt of said commonwealth or of said state or of such municipality.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 32:3-8 (Pledging credit or creating debt of states, counties or municipalities prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 32:3-1
Preamble; agreement§ 32:3-12
Bonds and other securities of commission tax exempt; agreements for payment of sums in lieu of taxes§ 32:3-13.13
Force and effect of supplemental compact§ 32:3-13.14
Consent of Congress§ 32:3-13.16
Repeal§ 32:3-13.17
State Highway Department defined§ 32:3-13.19
Repeal of specific laws§ 32:3-13.20
Act of 1934 and its amendments or supplements and agreements made pursuant thereto not affected§ 32:3-13.21
Partial invalidity; severability