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2017 New Jersey Revised Statutes
TITLE 48 - PUBLIC UTILITIES
Section 48:24-12 - Board of directors.
Universal Citation: NJ Rev Stat § 48:24-12 (2017)
48:24-12 Board of directors.
12. a. The business and affairs of a rural electric cooperative shall be managed under the direction of a board of not less than three directors who shall be natural persons of full age. All directors shall be members of the cooperative.
b. Any vacancy occurring in the board of directors of the cooperative shall be filled by the remaining directors in accordance with the bylaws of the cooperative.
L.2017, c.297, s.12.
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