New Jersey Statutes 52:18A-73. Interested members, agents or employees
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Terms Used In New Jersey Statutes 52:18A-73
- Contract: A legal written agreement that becomes binding when signed.
Any member, agent or employee of the Authority who is interested, either directly or indirectly, in any contract of another with the Authority, or in the sale of any property, either real or personal, to the Authority, shall be guilty of a misdemeanor and punished by fine of not more than one thousand dollars ($1,000.00) or by imprisonment for not more than one year, or both.
L.1950, c. 255, p. 893, s. 24.