New Jersey Statutes
§ 34:1B-54 — No State liability
New Jersey § 34:1B-54
JurisdictionNew Jersey
Title 34LABOR AND WORKMEN'S COMPENSATION
This text of New Jersey § 34:1B-54 (No State liability) 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-54 (2026).
Text
Bonds and notes of the authority issued under the provisions of this act shall not be in any way a debt or liability of the State or of any political subdivision thereof or be or constitute a pledge of the faith and credit of the State or of any political subdivision thereof but all bonds and notes, unless funded or refunded by the bonds or notes of the authority, shall be payable solely from revenues or funds pledged or available for their payment as authorized in this act. Each bond and note shall contain on its face a statement to the effect that the authority is obligated to pay the principal thereof or the interest thereon only from revenues or funds of the agency and that neither the State nor any political subdivision thereof is obligated to pay the principal or interest and that ne
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Nearby Sections
15
§ 34:1B-1
Short title§ 34:1B-10
Powers of authority by resolution.§ 34:1B-101
Short title§ 34:1B-103
New Jersey Purchase First Program§ 34:1B-105
Report to Governor, Legislature§ 34:1B-106
Rules, regulations§ 34:1B-11
Bonds; negotiability§ 34:1B-112
Short title.§ 34:1B-115
Grant of tax credits; qualifications.§ 34:1B-116
Grant application.§ 34:1B-118
Grant limitations.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 34:1B-54, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/34/34%3A1B-54.