Section 43:3C-22 - Prohibited transactions.

NJ Rev Stat § 43:3C-22 (2019) (N/A)
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43:3C-22 Prohibited transactions.

64. Effective as of July 1, 1989, a retirement board, or a member of such board, shall not engage in a transaction prohibited by section 503(b) of the federal Internal Revenue Code (26 U.S.C. s.503(b)).

L.2011, c.78, s.64.