New Jersey Revised Statutes § 40:54d-30 - Immunity From Personal Liability On Bonds.

40:54D-30 Immunity from personal liability on bonds.

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.

L.1992,c.165,s.30; amended 1997, c.273, s.15.


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Last modified: October 11, 2016