New Jersey § 52:13d-19

§ 52:13d-19.

a. No member of the Legislature or State officer or employee shall knowingly himself,

or by his partners or through any corporation which he controls or in which he owns

or controls more than 1% of the stock, or by any other person for his use or benefit

or on his account, undertake or execute, in whole or in part, any contract, agreement,

sale or purchase of the value of $25.00 or more, made, entered into, awarded or granted

by any State agency, except as provided in subsection b. of this section. No special State officer or employee having any duties or responsibilities in connection

with the purchase or acquisition of property or services by the State agency where

he is employed or an officer shall knowingly himself, by his partners or through any

corporation which he controls or in which he owns or controls more than 1% of the

stock, or by any other person for his use or benefit or on his account, undertake

or execute, in whole or in part, any contract, agreement, sale or purchase of the

value of $25.00 or more, made, entered into, awarded or granted by that State agency,

except as provided in subsection b. of this section. The restriction contained in this subsection shall apply to the contracts of interstate

agencies to the extent consistent with law only if the contract, agreement, sale or

purchase is undertaken or executed by a New Jersey member to that agency or by his

partners or a corporation in which he owns or controls more than 1% of the stock. b. The provisions of subsection a. of this section shall not apply to (a) purchases,

contracts, agreements or sales which (1) are made or let after public notice and competitive

bidding or which (2), pursuant to section 5 of chapter 48 of the laws of 1944 ( C.52:34-10 ) or such other similar provisions contained in the public bidding laws or regulations

applicable to other State agencies, may be made, negotiated or awarded without public

advertising for bids, or (b) any contract of insurance entered into by the Director

of the Division of Purchase and Property pursuant to section 10 of article 6 of chapter

112 of the laws of 1944 ( C.52:27B-62 ), if such purchases, contracts or agreements, including change orders and amendments

thereto, shall receive prior approval of the Joint Legislative Committee on Ethical

Standards if a member of the Legislature or State officer or employee or special State

officer or employee in the Legislative Branch has an interest therein, or the State Ethics Commission if a State officer or employee or special State officer or employee in the Executive

Branch has an interest therein.