New Jersey Statutes 18A:65-38. Moneys devoted to courses in agriculture and mechanic arts
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Terms Used In New Jersey Statutes 18A:65-38
- 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.
The corporation shall devote the moneys paid to it under the provisions of section 18A:65-37 wholly and exclusively to the maintenance of such courses of instruction as shall carry out the intent of the act of congress mentioned in said section, in the manner specially prescribed by section 4 of said act of congress.
L.1967, c.271.