A charter school established pursuant to the provisions of this act shall be a body corporate and politic with all powers necessary or desirable for carrying out its charter program, including, but not limited to, the power to:
a. Adopt a name and corporate seal; however, any name selected shall include the words "charter school;"b. Sue and be sued, but only to the same extent and upon the same conditions that a public entity can be sued;c. Acquire real property from public or private sources, by purchase, lease, lease with an option to purchase, or by gift, for use as a school facility;d. Receive and disburse funds for school purposes;e. Make contracts and leases for the procurement of services, equipment and supplies;f. Incur temporary debts in anticipation of the receipt of funds;g. Solicit and accept any gifts or grants for school purposes; andh. Have such other powers as are necessary to fulfill its charter and which are not inconsistent with this act or the requirements of the commissioner. The board of trustees of a charter school shall comply with the provisions of the "Open Public Meetings Act," P.L. 1975, c.231 (C.10:4-6 et seq.).