New Jersey Statutes
§ 18A:16-22 — Validation of contracts executed prior to act
New Jersey·Title 18A EDUCATION
a.Contracts executed between a local board of education and an authorized insurer prior to the effective date of this act are hereby confirmed and validated until the contract anniversary next following the first anniversary of said date when such contracts, exclusive of group life insurance, will have to be conformed to the provisions of this act.
b.It shall not be a defense to the payment or satisfaction of any claim for benefits under any contract or policy hereby confirmed and validated that such contract or policy was ultra vires, improperly entered into or otherwise not authorized by law. L.1979, c. 391, s. 11, eff. Feb. 6, 1980.
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Nearby Sections
15
§ 18A:16-1
Officers and employees in general§ 18A:16-1.1
May appoint temporary officers and employees§ 18A:16-1.1c
Filling of vacancy, absent teaching position.§ 18A:16-1.4
Removal from list.§ 18A:16-1.5
Employee rights unaffected.§ 18A:16-12
Definitions relative to group insurance.§ 18A:16-13.1
Provision of group insurance, certain, by board of education for employees, dependents.§ 18A:16-13.3 Use of actual savings realized by school district.
§ 18A:16-13.3 Use of actual savings realized by school district.