New Jersey § 40A:67-16 Authority property, exempt from levy, sale.

New Jersey Statutes

§ 40A:67-16 — Authority property, exempt from levy, sale.

New Jersey·Title 40A MUNICIPALITIES AND COUNTIES

16.All property of an authority shall be exempt from levy and sale by virtue of an execution of a court of competent jurisdiction and no execution or other judicial process shall issue against an authority nor shall any judgment against an authority be a charge or lien upon its property, provided that nothing in this section shall apply to or limit the rights of the holder of any bonds to pursue a remedy for the enforcement of any pledge or lien given by an authority, revenues, or other monies. L.2023, c.346, s.16.

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16. All property of an authority shall be exempt from levy and sale by virtue of an execution of a court of competent jurisdiction and no execution or other judicial process shall issue against an authority nor shall any judgment against an authority be a charge or lien upon its property, provided that nothing in this section shall apply to or limit the rights of the holder of any bonds to pursue a remedy for the enforcement of any pledge or lien given by an authority, revenues, or other monies. L.2023, c.346, s.16.

New Jersey § 40A:67-16 (Authority property, exempt from levy, sale.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.