40A:10-11 - Sinking fund commissioners may act as insurance fund commissioners
40A:10-11.Ā Sinking fund commissioners may act as insurance fund commissioners
In any local unit in which sinking fund commissioners have been appointed, the management and investment of the insurance fund may be entrusted to them inĀ lieu of the appointment of insurance fund commissioners, and they shall haveĀ the same powers and authority as if appointed for that purpose.
L.1979, c. 230, s. 1, eff. Oct. 15, 1979.
Ā
In any local unit in which sinking fund commissioners have been appointed, the management and investment of the insurance fund may be entrusted to them inĀ lieu of the appointment of insurance fund commissioners, and they shall haveĀ the same powers and authority as if appointed for that purpose.
L.1979, c. 230, s. 1, eff. Oct. 15, 1979.
Ā