New Jersey Statutes
§ 18A:18B-6 — Trustees; compensation
New Jersey·Title 18A EDUCATION
No trustee shall be paid a salary, except that the written trust instrument may provide for reimbursement for actual expenses incurred on behalf of the trust fund and for compensation not to exceed $200.00 for any day or portion of a day spent at a meeting of the trustees. Except as otherwise provided in this act, no trustee shall enter into any contract with the group or receive any moneys or other compensation or thing of value whatsoever from the group for services performed for or on behalf of the group. L.1983, c. 108, s. 6, eff. March 15, 1983.
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Nearby Sections
12
§ 18A:18B-1
Definitions.§ 18A:18B-10
Current expense item§ 18A:18B-2
Insurance authorized.§ 18A:18B-3
School board insurance group§ 18A:18B-4
Bylaws of the group; trustees; powers.§ 18A:18B-5
Trustees; number and qualifications§ 18A:18B-6
Trustees; compensation§ 18A:18B-7.1. Rules, regulations
§ 18A:18B-7.1. Rules, regulations§ 18A:18B-8
Joint insurance fund permitted§ 18A:18B-9
Minimum contract terms