N.J. Admin. Code § 17:4A-3.8

Current through Register Vol. 57, No. 1, January 6, 2025
Section 17:4A-3.8 - Contract termination

The Board shall provide in each contract with an investment management firm that a violation of the provisions in this subchapter shall be cause for immediate termination of such contract. In the case of a violation by a general partner, investment manager, or similar entity of an investment vehicle, the governing documents of the investment vehicle shall provide that the PFRSNJ shall have the right to terminate its relationship with the investment management firm.

N.J. Admin. Code § 17:4A-3.8

Adopted by 53 N.J.R. 1147(a), effective 7/6/2021
Recodified from 17:4A-3.9 by 56 N.J.R. 795(a) effective 5/6/2024