§ 18A:64N-1 Short title
§ 18A:64N-2 Findings, declarations relative to Montclair State University
§ 18A:64N-3 Designation as public research university
§ 18A:64N-4 Body corporate and politic
§ 18A:64N-5 Public policy
§ 18A:64N-6 Board of trustees
§ 18A:64N-7 Composition, size of board; terms
§ 18A:64N-8 Election of student representatives
§ 18A:64N-9 Powers, duties
§ 18A:64N-10 Public-private partnership agreements
§ 18A:64N-11 Participating contracting unit in competitive pricing system
§ 18A:64N-12 Functions, powers duties relative to investment, reinvestment of certain funds, purchase, sale
§ 18A:64N-13 Internet website for board of trustees
§ 18A:64N-14 Additional powers, duties
§ 18A:64N-15 Appointment, compensation of president
§ 18A:64N-16 Immunity from personal liability
§ 18A:64N-17 Advice to Governor, Legislature
§ 18A:64N-18 University deemed employer for certain purposes
§ 18A:64N-19 Construction of act
§ 18A:64N-20 Current officers unaffected; exceptions
§ 18A:64N-21 Effect of establishment of body corporate and politic known as Montclair State University
§ 18A:64N-22 Certain actions unaffected
§ 18A:64N-23 Reference to public research university
§ 18A:64N-24 Powers of Secretary of Higher Education
§ 18A:64N-25 Governance of contract claims and suits
§ 18A:64N-26 Warranty by contractor
§ 18A:64N-27 Violation, misdemeanor
§ 18A:64N-28 Prohibitions relative to purchase, acquisition of property or services
§ 18A:64N-29 Terms of present board members
§ 18A:64N-30 Construction
§ 18A:64N-31 Liberal construction
§ 18A:64N-32 Allocation to Department of State
§ 18A:64N-33 Rights, obligations of employers, employees unaffected

Terms Used In New Jersey Statutes > Title 18A > Chapter 64N - Montclair State University Act

  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Devise: To gift property by will.
  • Ex officio: Literally, by virtue of one's office.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Legacy: A gift of property made by will.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.