N.J. Admin. Code § 5:30-13.3

Current through Register Vol. 56, No. 21, November 4, 2024

Section 5:30-13.3 - Financial review board

(a) The board shall consist of five members appointed pursuant to subsection b. of N.J.S.A. 52:27D-118.30a.

(b) The board shall meet as soon as possible after the appointment of a majority of the members for the purpose of organizing and undertaking its responsibilities.

(c) The Governor shall appoint the chair of the financial review board.

(d) The chair shall preside at all meetings of the board.

(e) A majority of the voting members of the entire board shall constitute a quorum for the conduct of business. Attendance shall be taken.

(f) The board shall act by majority vote of the membership of the board. Roll call votes shall be recorded.

(g) All meetings of the board shall be subject to the "Open Public Meetings Act," P.L. 1975, c.231 (10:4-6 et seq.).

(h) The heads of departments of the executive branch of the State government, if appointed to the board, may be represented by an official designee. The names of these designees shall be filed with the board.

(i) Vacancies in the membership of a board shall be filled for the unexpired terms only in the same manner as the original appointments were made.

(j) The Director of the Division of Local Government Services may assign members of the Division staff to assist the board, as the board may require.

(k) The municipality shall provide the board with office space and support facilities as the board may determine to be necessary to conduct its activities.

N.J. Admin. Code § 5:30-13.3

Amended by R.2003 d.404, effective 10/20/2003.
See: 35 New Jersey Register 2427(a), 35 New Jersey Register 4862(b).
In (k), substituted "municipality" for "City".

Amended by 55 N.J.R. 1690(a), effective 8/7/2023