CHAPTER 482

 

An Act concerning the board of trustees of the Washington Association of New Jersey and amending R.S.28:2-8.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

1.      R.S.28:2-8 is amended to read as follows:

 

Association continued; board of trustees and officers; by-laws; seal.

     28:2-8. The “Washington Association of New Jersey,” created and incorporated by the act entitled “An act to incorporate the Washington Association of New Jersey,” approved March 20, 1874 (L.1874, c. 309, p. 1147), is continued. Such association shall have a board of trustees of not less than 12 nor more than 18 members, one-third of which number of trustees shall be elected by the stockholders of the association in each year. Each trustee shall hold office for a term of three years and until the trustee’s successor is elected, and any vacancy occurring for any cause shall be filled by election for the unexpired term.

     The board of trustees shall elect from its number, a president and a treasurer, one or more vice-presidents, and a secretary, whose duties, together with those of such other officers as the board may deem proper to appoint, shall be stated in the by-laws of the association, which by-laws shall be made by the board of trustees of the association.

     The association may adopt and use a seal.

 

     2.    This act shall take effect immediately.

 

     Approved January 21, 2020.