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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES

    Chapter 37a:

      Section: 40:37a-121: Members of authority or persons executing; nonliability

           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.



This section added to the Rutgers Database: 2012-09-26 13:37:51.






Older versions of 40:37a-121 (if available):



Court decisions that cite this statute: CLICK HERE.