reglab/housing_qa huggingface dataset:
NJ Rev Stat § 32:11D-57 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-57 - Maintenance of records

32:11D-57. Maintenance of records  Each State shall provide for the maintenance and preservation of such records of authorized diversions and withdrawals and the annual volume thereof as the commission shall prescribe. Such records and supplementary reports shall be furnished to the commission at its request. L.1961, c. 13, p. 65, s. 10.7.
NJ Rev Stat § 32:11D-58 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-58 - Existing State systems

32:11D-58. Existing State systems  Whenever the commission finds it necessary or desirable to exercise the powers conferred by this article any diversion or withdrawal permits authorized or issued under the laws of any of the signatory States shall be superseded to the extent of any conflict with the control and regulation exercised by the commission. L.1961, c. 13, p. 65, s. 10.8.
NJ Rev Stat § 32:11D-59 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-59 - Federal agencies and projects

32:11D-59. Federal agencies and projects  For the purposes of avoiding conflicts of jurisdiction and of giving full effect to the commission as a regional agency of the signatory parties, the following rules shall govern Federal projects affecting the water resources of the basin, subject in each case to the provisions of section 1.4 of this compact: (a) The planning of all projects related to powers delegated to the commission by this compact shall be undertaken in consultation with the commission; (b) No expenditure or commitment shall be made for or on account of the construction, acquisition or operation of any project or facility nor shall it be deemed authorized, unless it shall have first been included by the commission in the comprehensive plan; (c) Each Federal agency otherwise authorized by law to plan, design, construct, operate or maintain any project or facility in or for the basin shall continue to have, exercise and discharge such authority except as specifically provided by this section. L.1961, c. 13, p. 66, s. 11.1.
NJ Rev Stat § 32:11D-60 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-60 - State and local agencies and projects

32:11D-60. State and local agencies and projects  For the purpose of avoiding conflicts of jurisdiction and of giving full effect to the commission as a regional agency of the signatory parties, the following rules shall govern projects of the signatory States, their political subdivisions and public corporations affecting water resources of the basin: (a) The planning of all projects related to powers delegated to the commission by this compact shall be undertaken in consultation with the commission; (b) No expenditure or commitment shall be made for or on account of the construction, acquisition or operation of any project or facility unless it shall have first been included by the commission in the comprehensive plan; (c) Each State and local agency otherwise authorized by law to plan, design, construct, operate or maintain any project or facility in or for the basin shall continue to have, exercise and discharge such authority, except as specifically provided by this section. L.1961, c. 13, p. 66, s. 11.2.
NJ Rev Stat § 32:11D-61 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-61 - Reserved taxing powers of States

32:11D-61. Reserved taxing powers of States  Each of the signatory parties reserves the right to levy, assess and collect fees, charges and taxes on or measured by the withdrawal or diversion of waters of the basin for use within the jurisdictions of the respective signatory parties. L.1961, c. 13, p. 67, s. 11.3.
NJ Rev Stat § 32:11D-62 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-62 - Project costs and evaluation standards

32:11D-62. Project costs and evaluation standards  The commission shall establish uniform standards and procedures for the evaluation, determination of benefits, and cost allocations of projects affecting the basin, and for the determination of project priorities, pursuant to the requirements of the comprehensive plan and its water resources program. The commission shall develop equitable cost sharing and reimbursement formulas for the signatory parties including: (a) Uniform and consistent procedures for the allocation of project costs among purposes included in multiple-purpose programs; (b) Contracts and arrangements for sharing financial responsibility among and with signatory parties, public bodies, groups and private enterprise, and for the supervision of their performance; (c) Establishment and supervision of a system of accounts for reimbursable purposes and directing the payments and charges to be made from such accounts; (d) Determining the basis and apportioning amounts (i) of reimbursable revenues to be paid signatory parties or their political subdivisions, and (ii) of payments in lieu of taxes to any of them. L.1961, c. 13, p. 67, s. 11.4.
NJ Rev Stat § 32:11D-63 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-63 - Co-operative services

32:11D-63. Co-operative services  The commission shall furnish technical services, advice and consultation to authorized agencies of the signatory parties with respect to the water resources of the basin, and each of the signatory parties pledges itself to provide technical and administrative services to the commission upon request, within the limits of available appropriations and to co-operate generally with the commission for the purposes of this compact, and the cost of such services may be reimbursable whenever the parties deem appropriate. L.1961, c. 13, p. 68, s. 11.5.
NJ Rev Stat § 32:11D-64 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-64 - Borrowing power

32:11D-64. Borrowing power  The commission may borrow money for any of the purposes of this compact, and may issue its negotiable bonds and other evidences of indebtedness in respect thereto. All such bonds and evidences of indebtedness shall be payable solely out of the properties and revenues of the commission without recourse to taxation. The bonds and other obligations of the commission, except as may be otherwise provided in the indenture under which they were issued, shall be direct and general obligations of the commission and the full faith and credit of the commission are hereby pledged for the prompt payment of the debt service thereon and for the fulfillment of all other undertakings of the commission assumed by it to or for the benefit of the holders thereof. L.1961, c. 13, p. 68, s. 12.1.
NJ Rev Stat § 32:11D-65 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-65 - Funds and expenses

32:11D-65. Funds and expenses  The purposes of this compact shall include without limitation thereto all costs of any project or facility or any part thereof, including interest during a period of construction and a reasonable time thereafter and any incidental expenses (legal, engineering, fiscal, financial consultant and other expenses) connected with issuing and disposing of the bonds; all amounts required for the creation of an operating fund, construction fund, reserve fund, sinking fund, or other special fund; all other expenses connected with the planning, design, acquisition, construction, completion, improvement or reconstruction of any facility or any part thereof; and reimbursement of advances by the commission or by others for such purposes and for working capital. L.1961, c. 13, p. 68, s. 12.2.
NJ Rev Stat § 32:11D-66 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-66 - Credit excluded; officers, State and municipal

32:11D-66. Credit excluded; officers, State and municipal  The commission shall have no power to pledge the credit of any signatory party, or of any county or municipality, or to impose any obligation for payment of the bonds upon any signatory party or any county or municipality. Neither the commissioners nor any person executing the bonds shall be liable personally on the bonds of the commission or be subject to any personal liability or accountability by reason of the issuance thereof. L.1961, c. 13, p. 69, s. 12.3.
NJ Rev Stat § 32:11D-67 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-67 - Funding and refunding

32:11D-67. Funding and refunding  Whenever the commission deems it expedient, it may fund and refund its bonds and other obligations whether or not such bonds and obligations have matured. It may provide for the issuance, sale or exchange of refunding bonds for the purpose of redeeming or retiring any bonds (including the payment of any premium, duplicate interest or cash adjustment required in connection therewith) issued by the commission or issued by any other issuing body, the proceeds of the sale of which have been applied to any facility acquired by the commission or which are payable out of the revenues of any facility acquired by the commission. Bonds may be issued partly to refund bonds and other obligations then outstanding, and partly for any other purpose of the commission. All provisions of this compact applicable to the issuance of bonds are applicable to refunding bonds and to the issuance, sale or exchange thereof. L.1961, c. 13, p. 69, s. 12.4.
NJ Rev Stat § 32:11D-68 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-68 - Bonds; authorization generally

32:11D-68. Bonds; authorization generally  Bonds and other indebtedness of the commission shall be authorized by resolution of the commission. The validity of the authorization and issuance of any bonds by the commission shall not be dependent upon nor affected in any way by: (i) the disposition of bond proceeds by the commission or by contract, commitment or action taken with respect to such proceeds; or (ii) the failure to complete any part of the project for which bonds are authorized to be issued. The commission may issue bonds in 1 or more series and may provide for 1 or more consolidated bond issues, in such principal amounts and with such terms and provisions as the commission may deem necessary. The bonds may be secured by a pledge of all or any part of the property, revenues and franchises under its control. Bonds may be issued by the commission in such amount, with such maturities and in such denominations and form or forms, whether coupon or registered, as to both principal and interest, as may be determined by the commission. The commission may provide for redemption of bonds prior to maturity on such notice and at such time or times and with such redemption provisions, including premiums, as the commission may determine. L.1961, c. 13, p. 69, s. 12.5.
NJ Rev Stat § 32:11D-69 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-69 - Bonds; resolutions and indentures generally

32:11D-69. Bonds; resolutions and indentures generally  The commission may determine and enter into indentures providing for the principal amount, date or dates, maturities, interest rate, denominations, form, registration, transfer, interchange and other provisions of the bonds and coupons and the terms and conditions upon which the same shall be executed, issued, secured, sold, paid, redeemed, funded and refunded. The resolution of the commission authorizing any bond or any indenture so authorized under which the bonds are issued may include all such covenants and other provisions other than any restriction on the regulatory powers vested in the commission by this compact as the commission may deem necessary or desirable for the issue, payment, security, protection or marketing of the bonds, including without limitation covenants and other provisions as to the rates or amounts of fees, rents and other charges to be charged or made for use of the facilities; the use, pledge, custody, securing, application and disposition of such revenues, of the proceeds of the bonds, and of any other moneys of the commission; the operation, maintenance, repair and reconstruction of the facilities and the amounts which may be expended therefor; the sale, lease or other disposition of the facilities; the insuring of the facilities and of the revenues derived therefrom; the construction or other acquisition of other facilities; the issuance of additional bonds or other indebtedness; the rights of the bondholders and of any trustee for the bondholders upon default by the commission or otherwise; and the modification of the provisions of the indenture and of the bonds. Reference on the face of the bonds to such resolution or indenture by its date of adoption or the apparent date on the face thereof is sufficient to incorporate all of the provisions thereof and of this compact into the body of the bonds and their appurtenant coupons. Each taker and subsequent holder of the bonds or coupons, whether the coupons are attached to or detached from the bonds, has recourse to all of the provisions of the indenture and of this compact and is bound thereby. L.1961, c. 13, p. 70, s. 12.6.
NJ Rev Stat § 32:11D-70 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-70 - Maximum maturity

32:11D-70. Maximum maturity  No bond by its terms shall mature in more than 50 years from its own date and in the event any authorized issue is divided into 2 or more series or divisions, the maximum maturity date hereby authorized shall be calculated from the date on the face of each bond separately, irrespective of the fact that different dates may be prescribed for the bonds of each separate series or division of any authorized issue. L.1961, c. 13, p. 71, s. 12.7.
NJ Rev Stat § 32:11D-71 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-71 - Tax exemption

32:11D-71. Tax exemption  All bonds issued by the commission under the provisions of this compact and the interest thereof shall at all times be free and exempt from all taxation by or under authority of any of the signatory parties, except for transfer, inheritance and estate taxes. L.1961, c. 13, p. 71, s. 12.8.
NJ Rev Stat § 32:11D-72 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-72 - Interest

32:11D-72. Interest  Bonds shall bear interest at a rate determined by the commission, payable annually or semiannually. L.1961, c. 13, p. 71, s. 12.9. Amended by L.1970, c. 266, s. 1; L.1983, c. 526, s. 1.
NJ Rev Stat § 32:11D-73 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-73 - Place of payment

32:11D-73. Place of payment  The commission may provide for the payment of the principal and interest of bonds at any place or places within or without the signatory States, and in any specified lawful coin or currency of the United States of America. L.1961, c. 13, p. 72, s. 12.10.
NJ Rev Stat § 32:11D-74 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-74 - Execution

32:11D-74. Execution  The commission may provide for the execution and authentication of bonds by the manual, lithographed or printed facsimile signature of officers of the commission, and by additional authentication by a trustee or fiscal agent appointed by the commission. If any of the officers whose signatures or counter signatures appear upon the bonds or coupons cease to be officers before the delivery of the bond or coupons, their signatures or counter signatures are nevertheless valid and of the same force and effect as if the officers had remained in office until the delivery of the bonds and coupons. L.1961, c. 13, p. 72, s. 12.11.
NJ Rev Stat § 32:11D-75 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-75 - Holding own bonds

32:11D-75. Holding own bonds  The commission shall have power out of any funds available therefor to purchase its bonds and may hold, cancel or resell such bonds. L.1961, c. 13, p. 72, s. 12.12.
NJ Rev Stat § 32:11D-76 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-76 - Sale

32:11D-76. Sale  The commission may fix terms and conditions for the sale or other disposition of any authorized issue of bonds. The commission may sell bonds at less than their par or face value but no issue of bonds may be sold at an aggregate price below the par or face value thereof if such sale would result in a net interest cost to the commission calculated upon the entire issue so sold of more than 6% per annum payable semiannually, according to standard tables of bond values. All bonds issued and sold for cash pursuant to this act shall be sold on sealed proposals to the highest bidder. Prior to such sale, the commission shall advertise for bids by publication of a notice of sale not less than 10 days prior to the date of sale, at least once in a newspaper of general circulation printed and published in New York City carrying municipal bond notices and devoted primarily to financial news. The commission may reject any and all bids submitted and may thereafter sell the bonds so advertised for sale at private sale to any financially responsible bidder under such terms and conditions as it deems most advantageous to the public interest, but the bonds shall not be sold at a net interest cost calculated upon the entire issue so advertised, greater than the lowest bid which was rejected. In the event the commission desires to issue its bonds in exchange for an existing facility or portion thereof, or in exchange for bonds secured by the revenues of an existing facility, it may exchange such bonds for the existing facility or portion thereof or for the bonds so secured, plus an additional amount of cash, without advertising such bonds for sale. L.1961, c. 13, p. 72, s. 12.13.
NJ Rev Stat § 32:11D-77 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-77 - Negotiability

32:11D-77. Negotiability  All bonds issued under the provisions of this compact are negotiable instruments, except when registered in the name of a registered owner. L.1961, c. 13, p. 73, s. 12.14.
NJ Rev Stat § 32:11D-78 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-78 - Legal investments

32:11D-78. Legal investments  Bonds of the commission shall be legal investments for savings banks, fiduciaries and public funds in each of the signatory States. L.1961, c. 13, p. 73, s. 12.15.
NJ Rev Stat § 32:11D-79 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-79 - Validation proceedings

32:11D-79. Validation proceedings  Prior to the issuance of any bonds, the commission may institute a special proceeding to determine the legality of proceedings to issue the bonds and their validity under the laws of any of the signatory parties. Such proceeding shall be instituted and prosecuted in rem and the judgment rendered therein shall be conclusive against all persons whomsoever and against each of the signatory parties. L.1961, c. 13, p. 73, s. 12.16.
NJ Rev Stat § 32:11D-80 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-80 - Recording

32:11D-80. Recording  No indenture need be recorded or filed in any public office, other than the office of the commission. The pledge of revenues provided in any indenture shall take effect forthwith as provided therein and irrespective of the date of receipt of such revenues by the commission or the indenture trustee. Such pledge shall be effective as provided in the indenture without physical delivery of the revenues to the commission or to the indenture trustee. L.1961, c. 13, p. 73, s. 12.17.
NJ Rev Stat § 32:11D-81 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-81 - Pledged revenues

32:11D-81. Pledged revenues  Bond redemption and interest payments shall, to the extent provided in the resolution or indenture, constitute a first, direct and exclusive charge and lien on all such rates, rents, tolls, fees and charges and other revenues and interest thereon received from the use and operation of the facility, and on any sinking or other funds created therefrom. All such rates, rents, tolls, fees, charges and other revenues, together with interest thereon, shall constitute a trust fund for the security and payment of such bonds and except as and to the extent provided in the indenture with respect to the payment therefrom of expenses for other purposes including administration, operation, maintenance, improvements or extensions of the facilities or other purposes shall not be used or pledged for any other purpose so long as such bonds, or any of them, are outstanding and unpaid. L.1961, c. 13, p. 74, s. 12.18.
NJ Rev Stat § 32:11D-82 (2021)
2021 New Jersey Revised Statutes|Title 32 - Interstate and Port Authorities and Commissions|Section 32:11D-82 - Remedies

32:11D-82. Remedies  The holder of any bond may for the equal benefit and protection of all holders of bonds similarly situated: (a) by mandamus or other appropriate proceedings require and compel the performance of any of the duties imposed upon the commission or assumed by it, its officers, agents or employees under the provisions of any indenture, in connection with the acquisition, construction, operation, maintenance, repair, reconstruction or insurance of the facilities, or in connection with the collection, deposit, investment, application and disbursement of the rates, rents, tolls, fees, charges and other revenues derived from the operation and use of the facilities, or in connection with the deposit, investment and disbursement of the proceeds received from the sale of bonds; or (b) by action or suit in a court of competent jurisdiction of any signatory party require the commission to account as if it were the trustee of an express trust, or enjoin any acts or things which may be unlawful or in violation of the rights of the holders of the bonds. The enumeration of such rights and remedies does not, however, exclude the exercise or prosecution of any other rights or remedies available to the holders of bonds. L.1961, c. 13, p. 74, s. 12.19.