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Terms Used In New Jersey Statutes 18A:64E-33

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
4. Notwithstanding the provisions of section 43 of P.L.2009, c.90 (C. 18A:64-85) to the contrary, the New Jersey Institute of Technology may enter into a public-private partnership agreement in accordance with the provisions of that section.

L.2018, c.90, s.4.