Except as herein provided, no proceedings, referendum, notice or approval shall be required for the creation of an authority or the issuance of any bonds or any instrument as security therefor, provided however, that nothing herein shall be construed to deprive the State and its governmental subdivisions of their respective police powers over properties of an authority, or to impair any power thereover of any official or agency of the State and its governmental subdivisions which may be otherwise provided by law.
N.J. Stat. Ann. § 40:37C-14
Independence of authority
Known as the New Jersey Pollution Control Financing Law
The act spans §§ 40:37C-1 to 40:37C-9 (18 sections).
L.1973, c. 376, s. 14, eff
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.