The board of trustees is authorized to execute and deliver to the appropriate State officers or agencies such leases, contracts or agreements, which may include options to purchase, agreements for appropriate State officers or agencies to act as agent for the fund in connection with the purchase of land, construction of buildings or other improvements, and otherwise as may be necessary or appropriate in order to execute the purposes of this act.
N.J. Stat. Ann. § 43:15A-33.7
Authority to execute and deliver leases, contracts or agreements
Known as the Public Employees' Retirement System Act
The act spans §§ 43:15A-1 to 43:15A-99 (202 sections).
L.1960, c. 44, p. 179, s. 7.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.