N.J. Stat. § 43:15A-33.7: Authority to execute and deliver leases, contracts or agreements

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.

L.1960, c. 44, p. 179, s. 7.