Members of authority or persons executing; nonliability

N.J. Stat. § 40:37A-121
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026

Starting a business in New Jersey? New Jersey LLC guide: costs and requirements