Legislation carrying out a major restructuring of Rutgers University in Camden, New Brunswick and Newark is being finalized for introduction, perhaps as early as Monday.

The proposal would have Rutgers University absorb the assets of the University of Medicine and Dentistry in Newark and New Brunswick except University Hospital.

In South Jersey, Rutgers-Camden would be split from the rest of the university system and funded separately. A joint Rutgers-Rowan University governing board would be created.

The proposal follows months of talks on how to realign the schools.

A draft of the bill was obtained by The Associated Press.

Gov. Chris Christie proposed a higher education realignment in January, but his plan met with opposition from factions in the South and North.

This bill is a hybrid of the original proposal.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)