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

NJ Rev Stat § 18A:72A-45.1 (2019) (N/A)
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18A:72A-45.1 JBOC approval required for lease agreement.

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.