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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 16A

52:16A-55 Election of chairperson.

107 words·~1 min read·/nj/title-52/chapter-16a/52-16a-55

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3. The commission shall organize as soon as may be practicable after the appointment of its members and shall elect a chairperson from among its public members, who may serve as the chairperson for the duration of his or her term on the commission, and may appoint a secretary who need not be a member of the commission. The commission shall meet at least once every three months and upon the call of the chairperson or of a majority of its members. The presence of a majority of the membership of the commission shall be required for the conduct of official business.
L.1995,c.295,s.3; amended 2001, c.417, s.3.
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