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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 9M

52:9M-1.1 Terms of member appointed after December 1, 1978.

120 words·~1 min read·/nj/title-52/chapter-9m/52-9m-1-1·

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2. Terms of members appointed after December 1, 1978. Notwithstanding the provisions of section 1 of this act (C.52:9M-1) and in order to effect the staggering of the terms of members of the commission notwithstanding the term for which they were originally appointed, the terms of the members appointed after December 1, 1978 shall be as follows: the first member appointed by the Governor, 36 months; the second member appointed by the Governor, 18 months; the member appointed by the President of the Senate, 30 months; the member appointed by the Speaker of the General Assembly, 24 months. Thereafter, the terms of the members shall be as provided in P.L.1968, c.266, s.1 (C.52:9M-1).
L.1979, c.254, s.2; amended 2005, c.58, s.4.
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