New Jersey Statutes 27:25A-37. Conflicts of interest, penalty
Current as of: 2024 | Check for updates
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Attorney's Note
Under the New Jersey Statutes, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
crime of the fourth degree | up to 18 months | up to $10,000 |
Terms Used In New Jersey Statutes 27:25A-37
- Contract: A legal written agreement that becomes binding when signed.
37. Any member, agent or employee of the authority who is interested, either directly or indirectly, in any contract of another with the authority or the sale of any property, either real or personal, to the authority, shall be guilty of a crime of the fourth degree.
L.1991,c.252,s.37.