32:8-5. Pledging credit of states, counties or municipalities prohibited
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/nj/title-32/chapter-8/32-8-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
ARTICLE IV.
Notwithstanding any provision of this agreement, the commission shall have no power to pledge the credit of the state of New Jersey, or of the commonwealth of Pennsylvania, or of any county, city, borough, village, township and other municipality of said state or commonwealth, or to create any debt against said state or commonwealth or any such municipality.