New Jersey Statutes 52:18A-163. State employees deferred compensation board; establishment; members; compensation; meetings
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Terms Used In New Jersey Statutes 52:18A-163
- Ex officio: Literally, by virtue of one's office.
- 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
There is hereby established in the Department of the Treasury the New Jersey State Employees Deferred Compensation Board (hereinafter called the board). The membership of the board shall consist of the State Treasurer, who shall serve as chairman, the Commissioner of Insurance, and the Director of the Division of Budget and Accounting in the Department of the Treasury, who shall be members ex officio, or the designee of any of said officials. The members of the board shall receive no compensation for service on said board. The board shall meet at such time as called by the chairman or a majority of the board.
L.1978, c. 39, s. 1, eff. June 19, 1978.