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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES
Chapter 62: Accounts; supervision by board of public utility commissioners
Section: 40:62-110: Commission; composition; organization and compensation; treasurer's bond
Every commission appointed in pursuance of section 40:62-109 of this Title shall consist of not more than five persons, residents of the municipalities making the application for their appointment and joining therein. The commission shall organize as soon as practicable by electing one of its number as president, shall appoint a secretary and a treasurer, who need not be members of the commission, and adopt a seal and a name whereby it may sue and be sued.
The secretary shall keep correct minutes of the meetings and transactions of the commission, and perform such other duties as may be required of him. The treasurer shall give bond for the faithful performance of his duties in such amount as the commission shall prescribe. The offices of secretary and treasurer may be held by the same person. The members of the commission shall receive for their services compensation to be fixed by agreement with municipalities having at least two-thirds of the population of all of the municipalities making the application for their appointment and joining therein, or, in case of failure to agree, by the Superior Court. The secretary and the treasurer shall each receive such compensation as the commission may determine.
Amended by L.1953, c. 37, p. 716, s. 215, eff. March 19, 1953.
This section added to the Rutgers Database: 2012-09-26 13:37:52.
Older versions of 40:62-110 (if available):
Court decisions that cite this statute:
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