20. Transition bonds shall be recourse only to the credit and assets of the issuer of the transition bonds.
N.J. Stat. Ann. § 48:3-69
Recourse against issuer only
L.1999,c.23,s.20.
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.