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Code · New Jersey · Title 18A — Education · Chapter 72A

18A:72A-45 Approval for lease agreements.

61 words·~1 min read·/nj/title-18a/chapter-72a/18a-72a-45

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8. The authority shall not enter into a lease agreement with an institution of higher education unless the Secretary of Higher Education has approved the purchase of the higher education equipment by the institution. The secretary shall provide a written certification of such approval including the amount approved to the authority.
L.1993, c.136, s.8; amended 2009, c.308, s.35; 2012, c.42, s.4.
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