New Jersey § 55:19-49 Property of authority exempt from levy, sale

New Jersey Statutes

§ 55:19-49 — Property of authority exempt from levy, sale

New Jersey § 55:19-49

Title 55TENEMENT HOUSES AND PUBLIC HOUSING

This text of New Jersey § 55:19-49 (Property of authority exempt from levy, sale) 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. § 55:19-49 (2026).

Text

30.All property of the authority shall be exempt from levy and sale by virtue of an execution and no execution or other judicial process shall issue against the same nor shall any judgment against an authority be a charge or lien upon its property; provided, that nothing herein contained shall apply to or limit the rights of the holder of any bonds to pursue any remedy for the enforcement of any pledge or lien given by the authority on or with respect to any project or any revenues or other moneys.L.1996,c.62,s.30.

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30. All property of the authority shall be exempt from levy and sale by virtue of an execution and no execution or other judicial process shall issue against the same nor shall any judgment against an authority be a charge or lien upon its property; provided, that nothing herein contained shall apply to or limit the rights of the holder of any bonds to pursue any remedy for the enforcement of any pledge or lien given by the authority on or with respect to any project or any revenues or other moneys.L.1996,c.62,s.30.