State Codes and Statutes
Statutes > New-jersey > Title-18a > Section-18a-72a > 18a-72a-4518A:72A-45 Approval for lease agreements.
8.The authority shall not enter into a lease agreement with an institution of higher education unless the Commission on Higher Education has adopted a resolution which approves the purchase of the higher education equipment by the institution. The commission shall forward a copy of the resolution along with the amount of the approved purchase to the authority.
L.1993, c.136, s.8; amended 2009, c.308, s.35.
