N.J. Admin. Code § 17:16-4.11

Current through Register Vol. 56, No. 24, December 18, 2024
Section 17:16-4.11 - Restrictions on Council members

It is prohibited for any Council member to receive any form of compensation, gratuity, gift, service, or payment in connection with the hiring or retention of any investment management firm by the Division during the Council member's term and for a two-year period immediately following the completion of such Council member's term. This subsection shall include any compensation, gratuity, gift, service, or payment to the Council member, the Council member's immediate family, or any partner or associate of the Council member. For the purposes of this subsection, "immediate family" shall mean a person's spouse, child, parent, or sibling residing in the same household or a person's domestic partner as defined in P.L. 2003, c. 246 (N.J.S.A. 26:8A-3).

N.J. Admin. Code § 17:16-4.11

Repeal and New Rule, R.2014 d.038, effective 3/3/2014.
See: 45 N.J.R. 1477(a), 46 N.J.R. 442(a).
Section was "Effectiveness".
Amended by 53 N.J.R. 1857(a), effective 11/1/2021