New Jersey § 18A:64A-22.7 Investments of proceeds; disposition of earnings.

New Jersey Statutes

§ 18A:64A-22.7 — Investments of proceeds; disposition of earnings.

New Jersey § 18A:64A-22.7

Title 18AEDUCATION

This text of New Jersey § 18A:64A-22.7 (Investments of proceeds; disposition of earnings.) 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. § 18A:64A-22.7 (2026).

Text

7.On January 10 in each year the county treasurer or the treasurer of the other legally empowered issuer shall certify and pay to the State Treasurer the amount of the earnings received by the county or the issuer during the preceding year from the investment of the proceeds from the sale of such bonds or notes, provided that prior to the application of the proceeds to the purposes for which the bonds or notes have been issued such proceeds shall be invested in the State of New Jersey Cash Management Fund, established pursuant to section 1 of P.L.1977, c.281 (C.52:18A-90.4) or in such other investment as shall be explicitly authorized in writing by the State Treasurer. L.1971,c.12,s.7; amended 1997, c.360, s.13.

Free access — add to your briefcase to read the full text and ask questions with AI

7. On January 10 in each year the county treasurer or the treasurer of the other legally empowered issuer shall certify and pay to the State Treasurer the amount of the earnings received by the county or the issuer during the preceding year from the investment of the proceeds from the sale of such bonds or notes, provided that prior to the application of the proceeds to the purposes for which the bonds or notes have been issued such proceeds shall be invested in the State of New Jersey Cash Management Fund, established pursuant to section 1 of P.L.1977, c.281 (C.52:18A-90.4) or in such other investment as shall be explicitly authorized in writing by the State Treasurer. L.1971,c.12,s.7; amended 1997, c.360, s.13.