New Jersey § 34:1b-153

§ 34:1b-153.

Notwithstanding the provisions of any other law to the contrary, the State shall indemnify

and save harmless the authority, its members or employees from any actions, claims,

judgments or awards of any type, arising from or as the result of any act or omission

by or on behalf of the South Jersey Port Corporation or the subsidiary corporation

or in relation to the port facilities transferred to the authority pursuant to this

act or arising from or as the result of the condition of those facilities. The State may, in addition, enter into an agreement with the authority to provide

for the payment of liability insurance premiums for the provision of liability insurance

coverage for the authority, its members or employees with respect to any such action

or claim instituted or asserted after the transfer of the port facilities. The amount and terms of such liability coverage shall be subject to the approval

of the State Treasurer. The State shall, in addition, provide for the payment of annual administrative

expenses of the authority associated with the ownership and operation of port facilities,

in an amount authorized by the State Treasurer.