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

18A:72A-45.1 JBOC approval required for lease agreement.

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

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23. The authority shall not enter into a lease agreement with an institution of higher education without the review and approval of the Joint Budget Oversight Committee. The Joint Budget Oversight Committee shall approve or disapprove each lease agreement within 10 working days of receipt of the lease information or the lease agreement shall be deemed approved.
L.2012, c.42, s.23.
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