Title 52, Title 52: STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

52:18-11.2 Long term care insurance plan for local contracting units. 1. a. The State Treasurer shall arrange for a long term care insurance plan for local contracting units subject to the provisions of the "Local Public Contracts Law," P.L.1971, c.198 (C.40A:11-1 et seq.), the "…

52:18-11.3 Written statement informing recipients. 4. The State Treasurer shall develop a written statement informing a recipient as specified in sections 1 through 3 of P.L.2005,c.210 (C.43:21-4.2, C.30:1-2.5, and C.52:27D-3.5), of the availability of the earned income tax credi…

52:18-13. Accounts stated and report to legislature The state treasurer shall state in books the account of all moneys received by him for or in behalf of the state and which he shall pay pursuant to any act or resolution of the legislature, in such manner that the net produce of…

52:18-14. Time for closing accounts The state treasurer shall have his accounts ready for examination and settlement on the second Tuesday of July of every year. To that end, he may close his accounts for the year on the first day of July in every year.

52:18-15. Accounts examined by joint legislative committee; report; printing The accounts of the state treasurer shall be examined immediately upon the close of the fiscal year, by a joint committee of the legislature, which committee shall report thereon to the next legislature.…

52:18-16. Annual balance sheet; contents For the purpose of giving a correct and connected statement of the condition of the finances of the state, the state treasurer shall, as soon as his accounts are audited by the committee appointed for that purpose, submit annually to the l…

52:18-16.1. Deposit of public moneys; interest; auction; notice The State Treasurer shall, except as otherwise provided, deposit to his credit as treasurer all public moneys coming into his hands, within 3 days after receiving the same, in such of the national banks located in th…

52:18-19. Bank books of deposits and withdrawals; annual entry of credits and debits; balance struck The state treasurer shall keep a bank book or books in which shall be entered his account of moneys deposited by him or to his credit as treasurer and the moneys drawn from the ba…

52:18-20. Drawing on deposits; written authorization of treasurer and countersignature by comptroller Except as provided by section 52:19-12 of this Title, State moneys deposited by the treasurer or to his credit, shall not be drawn upon except by written authorization by him or …

52:18-20.1. Cancellation of State checks outstanding more than six years The State Treasurer is hereby authorized and directed to cancel of record, and to refuse to honor, all checks issued by the State Treasurer which have not been presented for payment within six years from the…

52:18-20.2. Credit to State Treasury of funds on deposit All State funds held on deposit for the payment of such checks shall, upon cancellation of the record of the checks by the State Treasurer, be credited to the State treasury for general purposes. L.1950, c. 60, p. 106, s. 2…

52:18-21. Quarterly record of state funds on deposit; public record; notice of balance The State Treasurer shall, within 30 days after the first day of every January, April, July and October, prepare a true and complete record showing the balance of State funds on deposit with ea…

52:18-24. Transfer of deposits to successor treasurer Moneys deposited by the state treasurer, or to his credit and standing to his credit at the expiration of his office, shall be carried to the account of his successor in office. The banks in which such deposits are held, shall…

52:18-25. Loan of surplus money The treasurer shall loan at the best legal rate of interest he can procure, on the pledge of the United States stock, at a rate not above its par value, as collateral security, any surplus money in the treasury not otherwise appropriated nor alread…

52:18-25.1. Temporary investments In any case in which the State Treasurer holds moneys of the State under a requirement that said moneys be held for a particular time or be held for a particular use, he may invest such moneys in bonds or notes of the United States until such par…

52:18-25.2. Railroad deposits; moneys held for unpresented bonds; investment The State Treasurer is hereby authorized to invest and reinvest the following moneys, now in the State treasury, in the notes or bonds of the United States of America, to wit: (a) Deposits of moneys by r…

52:18-25.3. Claims for railroad deposits; sale of securities when allowed In the event that any claim for such railroad deposits shall be made and allowed, and in the event that any such bonds or coupons shall be presented for payment, the State Treasurer is hereby authorized and…

52:18-25.4. Interest on investments Interest earned on any such investments shall be paid into the General State Fund, but the State Treasurer shall first deduct therefrom any premium paid on account of notes or bonds purchased, as well as the necessary expenses incurred in admin…

52:18-26. Treasurer may borrow from funds in his custody; repayment; restriction The state treasurer may borrow from any fund in his custody, deposited with him pursuant to law, a sum sufficient to pay the principal and interest on any state debt or other obligation due and owing…

52:18-27. No money drawn from treasury unless explicitly appropriated No money shall be drawn from the state treasury unless it has been explicitly appropriated to the purpose for which it was drawn.

52:18-28. Payments from treasury on warrant of comptroller; approval of bills No moneys shall be drawn from the state treasury to pay salaries and expenses of state employees or to defray the expenses of a department, institution, commission, board, committee or official of this …

52:18-29. Monthly payment of state moneys into treasury; disbursements; motor vehicle department All moneys of the state collected or received by any state institution, board, commission, department, committee, agent or servant, from any source, shall except as otherwise provided…

52:18-30. Exceptions to section 52:18-29 Nothing contained in section 52:18-29 of this title shall apply to or affect: a. The state school fund, or the income thereof; b. The disbursement of 1. The state school tax; 2. Moneys derived from the acts to tax real and personal propert…

52:18-31. Moneys collected through board of fish and game commissioners All moneys collected through the board of fish and game commissioners under any state fish and game law, shall be deposited in the state treasury as heretofore and remain there for the use and purposes of the…

52:18-32. Moneys received pursuant to motor vehicle laws All moneys received pursuant to laws relating to motor vehicles shall be deposited in the state treasury as heretofore and held there for the purposes to which the same are devoted by law but shall be included in the annual…

52:18-33. Moneys collected for support of boarding hall of normal schools All moneys collected for the support of the boarding halls attached to the state normal schools shall be included in the annual appropriation bill and disbursed in the same manner as other appropriations in…

52:18-34. Receipt of moneys reported to comptroller for audit and registry The state treasurer shall forthwith, upon the receipt of any interest or other moneys belonging to the state or to any fund in his custody, report the same to the comptroller for audit and registry before …

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 In all cases where the Treasurer of this State has received or shall receive bonds of the United States of America as security …

52:18-36 Collection of debt. 2. The Department of the Treasury shall have all the remedies and may take all of the proceedings for the collection of debt, as defined pursuant to section 1 of P.L.2005, c.124 (C.2A:16-11.1), which may be had or taken upon the recovery of a judgment…

52:18-37 Fee for unpaid debts. 3. In the event that the debt remains unpaid following the issuance of the certificate of debt and the State takes any further collection action, including referral of the matter to the Attorney General or the Attorney General's designee, the fee im…

52:18-38 Written notification to debtor of issuance of certificate of debt. 4. a. The Treasurer shall provide written notification to the debtor of the proposed issuance of the certificate of debt pursuant to section 1 of P.L.2005, c.124 (C.2A:16-11.1) at least 30 days prior to t…

52:18-39 Construction of act. 6. Nothing in this act shall be construed as depriving the State of any remedy for the enforcement of any State debt through any procedure or remedies provided in the law imposing such debt or in any other law, nor shall this act be construed as repe…

52:18-4.1. Death, resignation, etc., of treasurer; account; delivery of funds to successor If the state treasurer die, resign, be displaced, or cease to hold his office, then such treasurer, or, if he be dead, his heirs, executors, or administrators, shall fairly and regularly st…

52:18-40 Regulations, procedures to manage collection of debt; report of inventory of total debt. 3. a. The Department of the Treasury shall promulgate regulations and procedures to effectively manage the collection of debt. The regulations and procedures shall include: the desig…

52:18-41 Report to Governor, Legislature. 4. The Director of the Division of Revenue in the Department of the Treasury shall, within 90 days following the conclusion of each fiscal year, report to the Governor and, pursuant to section 2 of P.L.1991, c.164 (C.52:14-19.1), to the L…

52:18-42 Definitions relative to public contracts with private entities. 1. As used in P.L.2009, c.136 (C.52:18-42 et seq.): "Business" means a corporation; sole proprietorship; partnership; corporation that has made an election under Subchapter S of Chapter One of Subtitle A of …

52:18-43 Conditions for financial assistance from public entity. 2. Notwithstanding any law, rule, regulation, or order to the contrary, any business receiving any financial assistance for the cost of undertaking any redevelopment project, project involving remediation, or enviro…

52:18-44 Filing of audited financial statements, reports. 3. a. Notwithstanding any law, rule, regulation, or order to the contrary, any business to which there is disbursed, by or through that or any other public entity, any financial assistance in an aggregate amount totaling $…

52:18-45 Notification to State Treasurer of contract, designation of lead public agency. 4. If any State governmental entity enters into a contract or contracts with a business to which the provisions of section 2 of this act apply, the State governmental entity shall notify the …

52:18-46 Certification by business filing financial statement. 7. Each business filing a financial statement under section 3 of this act shall attach thereto a certification that: a. the business officer signing the financial statement has reviewed the statement; b. based on the …

52:18-47 Duties of CPA relative to preparation of audit report. 8. For any audit report for which a financial statement shall have been filed under section 3 of this act, an independent certified public accountant shall: a. prepare, and retain for a period of not less than seven …

52:18-48 Internal control report. 9. a. Each audited financial statement prepared pursuant to the provisions of section 3 of this act shall contain an internal control report, which shall: (1) state the responsibility of management for establishing and maintaining an adequate int…

52:18-49 Failure to adhere to requirements, refund of financial assistance. 10. a. Any business, receiving financial assistance from a public entity under a contract to which the provisions of section 2 of this act apply, that knowingly fails to submit a financial statement or re…

52:18-5. Duration of bond The official bond of the state treasurer shall remain and continue in full force and effect against the treasurer and his surety until: a. The report of the succeeding treasurer made pursuant to section 52:18-4.1 of this title has been confirmed by the l…

52:18-50 Certain State entities prohibited from charging certain fees. 1. Notwithstanding any law, rule, or regulation to the contrary, a State department, agency, board, bureau, authority, office, or any other entity or instrumentality thereof, shall not impose a fee, fine, or p…

52:18-51 Definitions relative to certain economic development subsidies. 1. As used in P.L.2015, c.167 (C.52:18-51 et seq.): "Economic development subsidy" means the provision of an amount of funds to a recipient business by or from a State public body with a value of greater tha…