N.J.S.A. 18A:64A-66 — Assets purchased for post-secondary institute; transfer to county college

18A:64A-66. Assets purchased for post-secondary institute; transfer to county college All assets purchased by the board of education of the vocational schools of the county on behalf of and for the use of the institute and currently in use by the institute shall be transferred, without any financial obligation being assumed, to the board of trustees of the county college. In accepting transferred assets, the board of trustees shall be indemnified and held harmless by the grantor against any and all claims, outstanding obligations of any nature, demands, suits or other forms of liability which have attached to or may arise against assets. L.1982, c. 42, s. 17, eff. July 1, 1982.

This is the verbatim text of N.J.S.A. 18A:64A-66, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.