2C:30-3. Speculating or wagering on official action or information
172 words·~1 min read·
/nj/title-2c/chapter-30/2c-30-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A person commits a crime if, in contemplation of official action by himself or by a governmental unit with which he is or has been associated, or in reliance on information to which he has or has had access in an official capacity and which has not been made public, he:
a. Acquires a pecuniary interest in any property, transaction or enterprise which may be affected by such information or official; or
b. Speculates or wagers on the basis of such information or official action; or
c. Aids another to do any of the foregoing, while in office or after leaving office with a purpose of using such information.
An offense proscribed by this section is a crime of the second degree. If the benefit acquired or sought to be acquired is of a value of $200.00 or less, an offense proscribed by this section is a crime of the third degree.
L.1978, c. 95, s. 2C:30-3, eff. Sept. 1, 1979. Amended by L.1979, c. 178, s. 62, eff. Sept. 1, 1979.