New Jersey Statutes 52:13D-20. Representation of state agency in transaction involving pecuniary interest for legislator or state officer or employee
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Terms Used In New Jersey Statutes 52:13D-20
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
No member of the Legislature or State officer or employee or special State officer or employee shall act as officer or agent for a State agency for the transaction of any business with himself or with a corporation, company, association or firm in the pecuniary profits of which he has an interest (except that ownership or control of 10% or less of the stock of a corporation shall not be deemed an interest within the meaning of this section).
L.1971, c. 182, s. 9, eff. Jan. 11, 1972.