7. A commissioner, officer, or employee of the municipal shared services energy authority shall not have or acquire any interest, direct or indirect, in any contract or proposed contract or property related to the provision of wholesale electric power, transmission, generation, materials, services, or supplies to be furnished, to or used by, the authority or any of its members.
N.J. Stat. Ann. § 40A:66-7
Certain interest in contracts prohibited
Known as the Municipal Shared Services Energy Authority Act
The act spans §§ 40A:66-1 to 40A:66-9 (28 sections).
L.2015, c.129, s.7.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.