30. Neither the members of an authority nor any person executing bonds or notes issued pursuant to P.L.1992, c.165 (C.40:54D-1 et seq.) shall be liable personally on the bonds or notes by reason of the issuance thereof.
N.J. Stat. Ann. § 40:54D-30
Immunity from personal liability on bonds
Known as the Tourism Improvement and Development District Act
The act spans §§ 40:54D-1 to 40:54D-9 (47 sections).
L.1992,c.165,s.30; amended 1997, c.273, s.15.
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.