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New Jersey Statutes, Title: 18A, EDUCATION
Chapter 64n: Montclair State University Act
Section: 18A:64n-24: Powers, Secretary of Higher Education.
24. a. The general powers of supervision and control of the Secretary of Higher Education at the request of the Governor over Montclair State University include the power to visit the university to examine into its manner of conducting its affairs and to enforce an observance of the laws of the State.
b. Notwithstanding any other provision of law to the contrary, Montclair State University, through its board of trustees, shall have the care, custody, control, and title of such property acquired through a merger or consolidation occurring on or after the effective date of P.L.2023, c.65 (C.18A:64N-9.1 et al.), including through or with a subsidiary corporation created by the university, with one or more other nonprofit corporations formed and operated primarily for educational purposes and exempt under paragraph (3) of subsection (c) of section 501 of the Internal Revenue Code (26 U.S.C. s.501(c)(3)), subject to the visitorial powers of the Secretary of Higher Education at the request of the Governor. Any transfer of property owned by the New Jersey Educational Facilities Authority to the university shall be in accordance with subsection (g) of N.J.S.18A:72A-5.
L.2017, c.178, s.24; amended 2023, c.65, s.20.
This section added to the Rutgers Database: 2023-08-24 13:16:42.
Older versions of 18a:64n-24 (if available):
Court decisions that cite this statute:
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