40:37A-121. Members of authority or persons executing; nonliability
54 words·~1 min read·
/nj/title-40/chapter-37a/40-37a-121A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Neither the members of the authority nor any person executing bonds, bond anticipation notes or other notes or obligations issued pursuant to this act shall be liable personally on such bonds, bond anticipation notes or other notes or obligations by reason of the issuance thereof.
L.1979, c. 275, s. 16, eff. Jan. 3, 1980.