New Jersey § 52:18-35 Deposit of United States bonds, received as security for deposits  of moneys received from United States, in Federal Reserve Bank outside state

New Jersey Statutes

§ 52:18-35 — Deposit of United States bonds, received as security for deposits of moneys received from United States, in Federal Reserve Bank outside state

New Jersey § 52:18-35

Title 52STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

This text of New Jersey § 52:18-35 (Deposit of United States bonds, received as security for deposits of moneys received from United States, in Federal Reserve Bank outside state) 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. § 52:18-35 (2026).

Text

In all cases where the Treasurer of this State has received or shall receive bonds of the United States of America as security for moneys received from the Federal government and deposited by him in a bank or trust company of this State, then and in that event, upon the request of the Federal government, the State Treasurer is hereby authorized and empowered to deposit said securities in a Federal Reserve Bank located out of this State, the State Treasurer first taking a receipt for the securities so deposited. L.1942, c. 348, p. 1212, s. 1.

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In all cases where the Treasurer of this State has received or shall receive bonds of the United States of America as security for moneys received from the Federal government and deposited by him in a bank or trust company of this State, then and in that event, upon the request of the Federal government, the State Treasurer is hereby authorized and empowered to deposit said securities in a Federal Reserve Bank located out of this State, the State Treasurer first taking a receipt for the securities so deposited. L.1942, c. 348, p. 1212, s. 1.