New Jersey Statutes

§ 5:12-178 — Projects or investments benefiting, improving, or increasing value of casino hotel or related facility; authority investment; prohibition

New Jersey § 5:12-178
JurisdictionNew Jersey
Title 5AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS

This text of New Jersey § 5:12-178 (Projects or investments benefiting, improving, or increasing value of casino hotel or related facility; authority investment; prohibition) 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. § 5:12-178 (2026).

Text

The Casino Reinvestment Development Authority shall not invest in, issue a guarantee in support of, or approve any investment or project which directly and exclusively benefits, improves, or increases the assessed value of a casino hotel or related facility. Notwithstanding the foregoing, to the extent that an investment in or guarantee of infrastructure requirements, such as public roads, streets, intersections and sewer and water facilities, which are dedicated to the public use and benefit society as a whole exceeds the demand for such requirements created by an approved casino hotel or related facility and thus does not finance infrastructure improvements required to be made by a casino licensee pursuant to subsection e. of section 84 of P.L.1977, c. 110 (C. 5:12-84), the excess invest

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Nearby Sections

15
§ 5:12-1 Short title; declaration of policy and legislative findings.
§ 5:12-1 Short title; declaration of policy and legislative findings.
§ 5:12-101
Credit.
§ 5:12-103 Alcoholic beverages in casino hotel facilities.
§ 5:12-103 Alcoholic beverages in casino hotel facilities.
§ 5:12-105 Disposition of securities by corporate licensee.
§ 5:12-105 Disposition of securities by corporate licensee.
§ 5:12-106 Casino employment.
§ 5:12-106 Casino employment.
§ 5:12-107 Conduct of hearings; rules of evidence; punishment of contempts.
§ 5:12-107 Conduct of hearings; rules of evidence; punishment of contempts.
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Bluebook (online)
New Jersey § 5:12-178, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/5/5%3A12-178.