New Jersey Revised Statutes § 18a:72a-45 - Approval For Lease Agreements.

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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Last modified: October 11, 2016