New Jersey S2276 mandates public higher education institutions to notify the Secretary of Higher Education of any proposed mergers or consolidations.
New Jersey S2276 requires the governing board of a public institution of higher education to notify the Secretary of Higher Education of any proposed merger or consolidation. The notice must be provided within 14 days of the governing board adopting a resolution or entering into an agreement to commence the merger or consolidation. The notice must include the reason for the proposed merger, the projected cost and a preliminary assessment of fiscal impacts, and the effect on students and employees.
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