Terms Used In New Jersey Statutes 52:18A-246

  • Lien: A claim against real or personal property in satisfaction of a debt.
12. All property of the development authority shall be exempt from levy and sale by virtue of an execution and no execution or other judicial process shall issue against the same nor shall any judgment against the development authority be a charge or lien upon its property.

L.2007, c.137, s.12.