32:1-35.81 - Effectuation of purposes of act as constituting essential governmental function - New Jersey Statutes

32:1-35.81.  Effectuation of purposes of act as constituting essential governmental function
    The effectuation of industrial development projects or facilities or any such projects or facilities constituting a portion of any industrial development project or facility, are and will be in all respects for the benefit of the people of the States of New York and New Jersey, for the increase of their commerce and prosperity and for the improvement of their health and living conditions;  and the port authority and any subsidiary corporation incorporated for any of the purposes of this act shall be regarded as performing an essential governmental function in undertaking the effectuation thereof, and in carrying out the provisions of law relating thereto.

     L.1978, c. 110, s. 10, eff. Aug. 24, 1978.