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New Jersey Statutes, Title: 32, INTERSTATE AND PORT AUTHORITIES AND COMMISSIONS

    Chapter 8: Preamble; agreement

      Section: 32:8-5: Pledging credit of states, counties or municipalities prohibited

           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.



This section added to the Rutgers Database: 2012-09-26 13:37:50.






Older versions of 32:8-5 (if available):



Court decisions that cite this statute: CLICK HERE.