New Jersey Statutes 18A:6-61. Body corporate
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Terms Used In New Jersey Statutes 18A:6-61
- Board: means the board of education. See New Jersey Statutes 18A:1-1
- 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
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
- State board: means the State Board of Education. See New Jersey Statutes 18A:1-1
The board of directors shall be a body corporate, and shall be known as “the board of directors of ………………… ” (here shall be inserted a suitable name to be adopted by the board of directors with the approval of the State Board of Education, but such name shall contain at least the words “Educational Services Commission)”.
The board of directors may purchase, lease-purchase or lease personal or real property in accordance with rules and regulations to be adopted by the State board of education.
L.1968, c.243, s.11; amended 1989,c.254,s.11.