New Jersey § 40A:5-15 Deposit of funds paid to the local unit

New Jersey Statutes

§ 40A:5-15 — Deposit of funds paid to the local unit

New Jersey § 40A:5-15

Title 40AMUNICIPALITIES AND COUNTIES

This text of New Jersey § 40A:5-15 (Deposit of funds paid to the local unit) 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. § 40A:5-15 (2026).

Text

All moneys, including moneys collected by taxation, received from any source by or on behalf of any local unit or any board or department thereof shall, within 48 hours after the receipt thereof, either a. be paid to the officer charged with the custody of the general funds of the local unit, who shall deposit all such funds within 48 hours after the receipt thereof to the credit of the local unit in its designated legal depository, or b. be deposited to the credit of the local unit in its designated legal depository. L.1960, c. 169, s. 1, eff. Jan. 1, 1962.

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All moneys, including moneys collected by taxation, received from any source by or on behalf of any local unit or any board or department thereof shall, within 48 hours after the receipt thereof, either a. be paid to the officer charged with the custody of the general funds of the local unit, who shall deposit all such funds within 48 hours after the receipt thereof to the credit of the local unit in its designated legal depository, or b. be deposited to the credit of the local unit in its designated legal depository. L.1960, c. 169, s. 1, eff. Jan. 1, 1962.