New Jersey Statutes
§ 18A:71A-7 — Limitation of liability, conflict of interest, compensation.
New Jersey·Title 18A EDUCATION
18A:71A-7. Limitation of Liability, Conflict of Interest, Compensation.
a.The personal liability of members of the board, which shall be a public entity under the "New Jersey Tort Claims Act," N.J.S.59:1-1 et seq., shall be limited to the extent permitted by N.J.S.59:1-1 et seq., this act, and other applicable New Jersey law.
b.Each member of the board shall comply with the "New Jersey Conflicts of Interest Law," P.L.1971, c.182 (C.52:13D-12 et seq.).
c.The members of the board shall receive no compensation for their services, but shall be reimbursed for their actual expenses necessarily incurred in the performance of their duties. L.1999,c.46,s.1.
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Nearby Sections
15
§ 18A:71A-1
Short title.§ 18A:71A-10
Contracts, purchases, records, travel.§ 18A:71A-14
Bond resolutions.§ 18A:71A-17
Security for bonds.§ 18A:71A-18
Liability for payment of bonds.§ 18A:71A-19
Rights of bondholders.§ 18A:71A-2
Terms defined.§ 18A:71A-20
Refunding bonds.§ 18A:71A-21
Bonds as legal investments.§ 18A:71A-23
Higher Education Student Assistance Fund.