New Jersey Statutes

§ 18A:64M-31.1 — Intention of the Legislature to protect Rowan University; reimbursement.

New Jersey § 18A:64M-31.1
JurisdictionNew Jersey
Title 18AEDUCATION

This text of New Jersey § 18A:64M-31.1 (Intention of the Legislature to protect Rowan University; reimbursement.) 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:64M-31.1 (2026).

Text

6.In transferring the assets of the University of Medicine and Dentistry of New Jersey to Rowan University, it is the intention of the Legislature to protect Rowan University, and to hold it harmless, subject to future appropriation, for unexpected costs or losses associated with undisclosed liabilities of the University of Medicine and Dentistry of New Jersey that were not reasonably foreseeable or contemplated at the time of the transfers required by this act. Therefore, if Rowan University experiences, during fiscal years 2014 and 2015, costs or losses associated with liabilities of the University of Medicine and Dentistry of New Jersey that were not identified in the certified financial statements of the University of Medicine and Dentistry of New Jersey for the time periods preceding

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Nearby Sections

15
§ 18A:64M-1 Short title.
§ 18A:64M-1 Short title.
§ 18A:64M-10 Certain functions, powers, duties exercised, performed by Director of Division of Investment.
§ 18A:64M-10 Certain functions, powers, duties exercised, performed by Director of Division of Investment.
§ 18A:64M-11 Maintenance of Internet website for board of trustees.
§ 18A:64M-11 Maintenance of Internet website for board of trustees.
§ 18A:64M-12 Additional rights of board of trustees.
§ 18A:64M-12 Additional rights of board of trustees.
§ 18A:64M-13 Appointment, compensation of president of the university.
§ 18A:64M-13 Appointment, compensation of president of the university.
§ 18A:64M-14 Immunity from personal liability.
§ 18A:64M-14 Immunity from personal liability.
§ 18A:64M-15 Advice to Governor, Legislature.
§ 18A:64M-15 Advice to Governor, Legislature.
§ 18A:64M-16 University personnel eligible for participation in certain public retirement plans.
§ 18A:64M-16 University personnel eligible for participation in certain public retirement plans.
§ 18A:64M-17 Construction of act.
§ 18A:64M-17 Construction of act.
§ 18A:64M-18 Officers, agents, employees unaffected.
§ 18A:64M-18 Officers, agents, employees unaffected.
§ 18A:64M-19 Certain funds, property, employees transferred to Rowan University.
§ 18A:64M-19 Certain funds, property, employees transferred to Rowan University.
§ 18A:64M-2 Findings, declarations relative to the public system of higher education.
§ 18A:64M-2 Findings, declarations relative to the public system of higher education.
§ 18A:64M-20 Certain actions unaffected.
§ 18A:64M-20 Certain actions unaffected.
§ 18A:64M-21 References refer to Rowan University.
§ 18A:64M-21 References refer to Rowan University.
§ 18A:64M-22 Powers of Secretary of Higher Education.
§ 18A:64M-22 Powers of Secretary of Higher Education.
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Bluebook (online)
New Jersey § 18A:64M-31.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/18A/18A%3A64M-31.1.