Section 52:27BBBB-12 - Specific power, authority not construed to limit, restrict certain general authorities.

NJ Rev Stat § 52:27BBBB-12 (2019) (N/A)
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52:27BBBB-12 Specific power, authority not construed to limit, restrict certain general authorities.

14. The enumeration of any specific power or authority granted to the Local Finance Board or the director pursuant to P.L.2016, c.4 (C.52:27BBBB-1 et al.) shall not be construed to limit or restrict in any way the general authorities granted by P.L.2016, c.4 (C.52:27BBBB-1 et al.) to the Local Finance Board or the director to take actions necessary or appropriate to help stabilize the finances, restructure the debts, or assist with the financial rehabilitation and recovery of the municipality in need of stabilization and recovery.

L.2016, c.4, s.14.