New Jersey Statutes
§ 18A:66-98 — Trustees to elect officers; compensation, reimbursement.
New Jersey·Title 18A EDUCATION
18A:66-98. The board of trustees shall at the first annual meeting thereof, and at each annual meeting, elect a chairperson, vice-chairperson, secretary, and treasurer, and such other officers as they may deem necessary. The secretary and treasurer may be members of the board of trustees. The board of trustees shall fix the compensation of the secretary and treasurer. The members of the board, unless they are serving as secretary or treasurer, shall serve without compensation but shall be reimbursed for any necessary expenditures. No employee shall suffer loss of salary or wages through serving on the board. Amended 2005, c.328, s.2; 2007, c.71.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 18A:66-98 (Trustees to elect officers; compensation, reimbursement.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 18A:66-1
Short title§ 18A:66-10
Nonmembers may join§ 18A:66-100
Annual report by trustees to boards of education§ 18A:66-101
Eligibility as members of fund§ 18A:66-104. Definition of "veteran"
§ 18A:66-104. Definition of "veteran"§ 18A:66-107
Contributions to pension fund.§ 18A:66-108. Salary deductions; death benefits
§ 18A:66-108. Salary deductions; death benefits§ 18A:66-109
Disbursements; deposits and investments.§ 18A:66-109.1
Loans from retirement system.§ 18A:66-11
Teachers in military service may enroll§ 18A:66-110
Manner of payment of pensions; options.