N.J. Admin. Code § 17:16-4.9
Current through Register Vol. 56, No. 24, December 18, 2024
The Division shall provide in each contract with an investment management firm that a violation of the provisions in this subchapter shall be cause for immediate termination of such contract. In the case of a violation by a general partner, investment manager, or similar entity of an investment vehicle, the governing documents of the investment vehicle shall provide that the State Pension and Annuity Fund shall have the right to terminate its relationship with the investment management firm.
N.J. Admin. Code § 17:16-4.9
See: 45 N.J.R. 1477(a), 46 N.J.R. 442(a).
Deleted "of Investment" following "Division"; and inserted the second sentence.