New Jersey Statutes
§ 17:9-42 — Security requirement for public depositories.
New Jersey § 17:9-42
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
This text of New Jersey § 17:9-42 (Security requirement for public depositories.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 17:9-42 (2026).
Text
2.The receipt and holding of public funds on deposit by a public depository is a voluntary activity undertaken by that depository. However, no governmental unit shall deposit public funds in a public depository unless such funds are secured by the depository, and the depository is otherwise in compliance, or acting in accordance with, this act. L.1970, c.236, s.2; amended 2009, c.326, s.2.
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Nearby Sections
15
§ 17:9-41
Definitions.§ 17:9-44 Amount of collateral required as security; exceptions.
§ 17:9-44 Amount of collateral required as security; exceptions.§ 17:9-47
Operative date.§ 17:9-48
Short title§ 17:9A-1
Definitions§ 17:9A-100
Liability of stockholders§ 17:9A-101
Directors; number; method of determination§ 17:9A-103
Directors; stock ownership, oathCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 17:9-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A9-42.