There is a newer version of the New Jersey Revised Statutes
2013 New Jersey Revised Statutes
Title 52 - STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
Section 52:25-16.7 - $500 minimum
NJ Rev Stat § 52:25-16.7 (2013) What's This?
52:25-16.7. $500 minimum
Each purchase made by an independent institution of higher education pursuant to this act shall have a cost of $500.00 or more and the college or university shall accept sole responsibility for the payment of any cost due to the vendor.
L. 1985, c. 263, s. 3.
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