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2015 New Jersey Revised Statutes
Title 18A - EDUCATION
Section 18A:72A-45 - Approval for lease agreements.

NJ Rev Stat § 18A:72A-45 (2015) What's This?

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

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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