5:12-180 - Investments or contributions adverse to priorities; prohibition of support or approval by authority - New Jersey Statutes

5:12-180.  Investments or contributions adverse to priorities; prohibition of support or approval by authority    Notwithstanding any other law or section of this 1984 amendatory and supplementary act to the contrary, the Casino Reinvestment Development Authority shall not grant any waiver or invest in, guarantee support for or approve any investments or contributions by licensees as provided for in sections 26, 27, 28, 29, 30 and 31 of this 1984 amendatory and supplementary act which would reduce, impair or prevent the fulfillment of the priorities contained in subsection f. of section 3 or any priorities established by the Casino Reinvestment Development Authority pursuant to section 25 of this 1984 amendatory and supplementary act.

     L.1984, c. 218, s. 32, eff. Dec. 19, 1984.