New Jersey § 18A:64A-66 Assets purchased for post-secondary institute;  transfer to county college

New Jersey Statutes

§ 18A:64A-66 — Assets purchased for post-secondary institute; transfer to county college

New Jersey § 18A:64A-66

Title 18AEDUCATION

This text of New Jersey § 18A:64A-66 (Assets purchased for post-secondary institute; transfer to county college) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 18A:64A-66 (2026).

Text

All assets purchased by the board of education of the vocational schools of the county on behalf of and for the use of the institute and currently in use by the institute shall be transferred, without any financial obligation being assumed, to the board of trustees of the county college. In accepting transferred assets, the board of trustees shall be indemnified and held harmless by the grantor against any and all claims, outstanding obligations of any nature, demands, suits or other forms of liability which have attached to or may arise against assets. L.1982, c. 42, s. 17, eff. July 1, 1982.

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All assets purchased by the board of education of the vocational schools of the county on behalf of and for the use of the institute and currently in use by the institute shall be transferred, without any financial obligation being assumed, to the board of trustees of the county college. In accepting transferred assets, the board of trustees shall be indemnified and held harmless by the grantor against any and all claims, outstanding obligations of any nature, demands, suits or other forms of liability which have attached to or may arise against assets. L.1982, c. 42, s. 17, eff. July 1, 1982.