New Jersey § 40:37C-14 Independence of authority

New Jersey Statutes

§ 40:37C-14 — Independence of authority

New Jersey § 40:37C-14

Title 40MUNICIPALITIES AND COUNTIES

This text of New Jersey § 40:37C-14 (Independence of authority) 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. § 40:37C-14 (2026).

Text

Except as herein provided, no proceedings, referendum, notice or approval shall be required for the creation of an authority or the issuance of any bonds or any instrument as security therefor, provided however, that nothing herein shall be construed to deprive the State and its governmental subdivisions of their respective police powers over properties of an authority, or to impair any power thereover of any official or agency of the State and its governmental subdivisions which may be otherwise provided by law. L.1973, c. 376, s. 14, eff. Jan. 9, 1974.

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Except as herein provided, no proceedings, referendum, notice or approval shall be required for the creation of an authority or the issuance of any bonds or any instrument as security therefor, provided however, that nothing herein shall be construed to deprive the State and its governmental subdivisions of their respective police powers over properties of an authority, or to impair any power thereover of any official or agency of the State and its governmental subdivisions which may be otherwise provided by law. L.1973, c. 376, s. 14, eff. Jan. 9, 1974.