New Jersey Statutes 32:27-17. Powers of commission
Terms Used In New Jersey Statutes 32:27-17
- 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.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
(a) To adopt and use a corporate seal;
(b) To acquire by purchase, lease, gift or governmental appropriation such estates or interests in real and personal property as are necessary or required for its operations;
(c) To contract in all respects necessary or convenient for its operations, and to enter into contracts with the United States of America to obtain financial assistance;
(d) To employ and discharge or to contract with such personnel as are necessary or convenient for its operations and to fix their compensation;
(e) To adopt by-laws and to rescind, amend or supplement the same from time to time. Any by-laws adopted shall be consistent with this legislation;
(f) To adopt, promulgate and publish rules and regulations as are determined necessary in the performance of its functions;
(g) To provide services for governmental bodies and public and business organizations consistent with the purposes of this act and to receive compensation therefor;
(h) To do any and all things necessary, convenient or incidental within the scope of its corporate purposes.
L.1966, c. 149, Pt. I, Art. III, s. 1, eff. June 18, 1966. Amended by L.1967, c. 223, s. 12, eff. Oct. 13, 1967.