N.J. Stat. § 17:9A-191: Officers; tenure

191. The board of managers may elect from its own number or otherwise, such officers as it may from time to time see fit or may delegate the authority to appoint officers other than the president or chairman to the president by resolution of the board of managers or by the bylaws. The tenure of officers shall be fixed in the bylaws or by resolution of the board of managers.

L.1948,c.67,s.191; amended 1992, c.187, s.3; 1999, c.252, s.7.