40:37B-8 - Compensation and expenses - New Jersey Statutes

40:37B-8.  Compensation and expenses
    An authority may reimburse its members for necessary expenses incurred in the discharge of their duties.  The resolution for the creation of an authority  may provide that the members of the authority may receive compensation for  their services within an annual and other limitations to be stated in such  resolution, and in that event, each member may receive from the authority such  compensation for his services as the authority may determine within the  limitations stated in such resolution.  The said provisions or limitations  stated in any such resolution, may be amended, supplemented, repealed or added  by subsequent resolution, but no reduction of any such limitation shall be  effective during the remaining term of any member of the authority then in  office except upon the written consent of the authority.  No member of an  authority shall receive any compensation for his services except as provided in  this section.

     L.1967, c. 136, s. 8, eff. June 28, 1967.