30 chapters · 1,051 sections in this title.
N.J.S.A. 58:11B-12 Unpaid obligations of local government units.
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58:11B-12 Unpaid obligations of local government units. 12. a. To assure the continued operation and solvency of the trust, the trust may require that if a local government unit fails or is unable to pay to the trust in full when due any obligations of the local government unit t…
N.J.S.A. 58:11B-13 No personal liability.
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58:11B-13 No personal liability. 13. Neither the directors of the trust nor any person executing bonds, notes or other obligations of the trust issued pursuant to P.L.1985, c.334 (C.58:11B-1 et seq.), P.L.1997, c.224 (C.58:11B-10.1 et al.), or sections 22 and 34 through 38 of P.L…
N.J.S.A. 58:11B-14 Pledge to bondholders.
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58:11B-14 Pledge to bondholders. 14. The State does pledge to and covenant and agree with the holders of any bonds, notes or other obligations of the trust issued pursuant to authorization of P.L.1985, c.334 (C.58:11B-1 et seq.), P.L.1997, c.224 (C.58:11B-10.1 et al.), or section…
N.J.S.A. 58:11B-15 Authorized investment.
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58:11B-15 Authorized investment. 15. The State and all public officers, governmental units and agencies thereof, all banks, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carr…