New Jersey Statutes
§ 40:37-158 — Control of fund; bond of treasurer; investments
New Jersey § 40:37-158
JurisdictionNew Jersey
Title 40MUNICIPALITIES AND COUNTIES
This text of New Jersey § 40:37-158 (Control of fund; bond of treasurer; investments) 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. § 40:37-158 (2026).
Text
The park police pension fund in each county shall be managed and controlled by the park commission of that county. The secretary of the commission shall be treasurer, ex officio, of the fund, and all moneys of the fund shall be received and disbursed by him, and shall be deposited in such bank or banks of deposit as the commission shall designate. The treasurer shall give bond in such sum as the commission shall determine, with sufficient sureties to be approved by it, for the faithful performance of his duties. If the surety is a corporation, the premiums shall be paid by the commission from the funds under its control. The commission shall invest and keep invested the moneys of the fund, so far as the same can be done, in securities authorized by law for the investment of trust funds.
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Nearby Sections
15
§ 40:37-10.2
Immunity from liability for death, injury§ 40:37-101.3
Adoption of sections 40:37-12, 40:37-14 and 40:37-15 not to be submitted within five years after rejection§ 40:37-101.4
Additional lands; acquisition after lands valued at 35% of tax ratables have been acquired§ 40:37-101.6
Appropriation to municipality in lieu of taxes§ 40:37-102
Surveys and maps of parks; records§ 40:37-103
Condemnation for parks; law applicableCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 40:37-158, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/40/40%3A37-158.