New Jersey Statutes
§ 34:1B-151 — Bonds, notes considered special, limited obligations
New Jersey § 34:1B-151
JurisdictionNew Jersey
Title 34LABOR AND WORKMEN'S COMPENSATION
This text of New Jersey § 34:1B-151 (Bonds, notes considered special, limited obligations) 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. § 34:1B-151 (2026).
Text
8.Bonds and notes issued by the authority pursuant to the provisions of this act shall be special and limited obligations which are payable only from the sources enumerated in this act. Neither the members of the authority nor any other person executing the bonds or notes issued pursuant to this act shall be liable personally with respect to payment of interest and principal on these bonds, notes, or any other obligations issued pursuant to this act. The bonds, notes, or any other obligations issued pursuant to the provisions of this act shall not be a debt or liability of the State or any agency or instrumentality thereof, either legal, moral or otherwise, and nothing contained in this act shall be construed to authorize the authority to incur any indebtedness on behalf of or in any way
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Nearby Sections
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Grant limitations.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 34:1B-151, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/34/34%3A1B-151.