New Jersey Statutes Title 48. Public Utilities 48 § 2-8

No member or employee of the board shall have any official or professional relation or connection with, or hold any stock or securities in, any public utility as herein defined, operating within this State, or hold any other office of profit or trust under the government of this State or of the United States; except that a member may hold an office under the government of this State for which the member does not receive a salary.