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

52:18A-78.3. Findings, declarations 3. The Legislature finds and declares the following: a. That for many years the functions of the State Government have grown and that during this period of rapid expansion no definite program has been adopted for the housing and carrying out of…

52:18A-78.30. Application of provisions of this act or regulations over inconsistent or conflicting laws or regulations It is the intent of the Legislature that in the event of any conflict or inconsistency in the provisions of this act and any other acts pertaining to matters he…

52:18A-78.31. Severability If any clause, sentence, paragraph, section or part of this act shall be adjudged by any court of competent jurisdiction to be invalid, the judgment shall not affect, impair or invalidate the remainder thereof, but shall be confined in its operation to …

52:18A-78.32. Liberal construction of act This act shall be construed liberally to effectuate the legislative intent and the purposes of this act as complete and independent authority for the performance of each and every act and thing herein authorized and all powers herein gran…

52:18A-78.4. New Jersey building authority; establishment; membership; appointment; term; removal; oath of office; organization; quorum; bond; reimbursement of expenses; dissolution; veto of action by Governor a. There is established in the Department of the Treasury a public bod…

52:18A-78.5. Powers of authority 5. Except as otherwise limited by this act, the authority shall have power: a. To make and alter bylaws for its organization and internal management and, subject to agreements with noteholders and bondholders, to make rules and regulations with re…

52:18A-78.5a. Purposes for authority projects 8. a. The projects of the authority shall be undertaken for the following purposes: (1) The creation, reconstruction, extension, rehabilitation, renovation, preservation or improvement of office space and related facilities necessary …

52:18A-78.5b. Permitted project, certain 11. The renovation or rehabilitation of shelving in the State Library for the Blind and Handicapped is a project the purpose of which is included among those the New Jersey Building Authority may undertake pursuant to section 8 of P.L.1992…

52:18A-78.5c. Application for financing local historic projects 9. a. A local governmental agency may apply to the authority for financing of the renovation or preservation of a historic public building. The application shall be of such form and contents as shall be prescribed by…

52:18A-78.6. Project report; review 6. Prior to the acquisition or construction of any project, or any reconstruction, rehabilitation, repair, renovation, preservation, or improvement of a project, the cost of which undertaking is estimated to exceed $100,000.00 the authority sha…

52:18A-78.7. Public hearing; notice; records; objection by local government; response a. The authority shall conduct a public hearing on each project within the municipality in which the project is to be located. The authority shall cause notice of the hearing to be published in …

52:18A-78.8. Submission to legislature; approval by concurrent resolution a. The authority shall make the submission to the Legislature required by section 6 of this act to the President of the Senate and the Speaker of the General Assembly on a day when both houses are meeting. …

52:18A-78.9. Leases for space in project; written approval by legislature prior to execution a. No lease agreement entered into for space in any project shall be executed without prior written approval of the presiding officers, or such other officers as may be provided by law, o…

52:18A-78.9a. Lease or sublease agreement; approval by authority A lease or sublease agreement for the use or occupation of any portion of a building in which a project is located shall include a provision that any tenant thereof shall be subject to the approval of the authority,…

52:18A-79. Division of Investment established There is hereby established in the Department of the Treasury a Division of Investment. L.1950, c. 270, p. 917, s. 1.

52:18A-8. State revenues; depositories; reports; accounting All State revenue collected by any department, institution, commission, board, committee or official of this State shall, except as otherwise provided by law, be deposited, in the method prescribed by the director of the…

52:18A-8.1 Fiscal agent or custodian for funds and other assets; agreements. 1. a. The State Treasurer is hereby authorized and empowered to enter into agreement from time to time, and on the terms and for the compensation, if any, the State Treasurer deems appropriate, with any …

52:18A-8.1a Definitions used in C.52:18A-8.1. 2. As used in section 1 of P.L.1954, c.22 (C.52:18A-8.1): "Branch office" means an office at a fixed location other than a principal office, however designated, at which any business that may be conducted in a principal office of a ba…

52:18A-8.2. Services to be performed Such agreements may provide, at the discretion of the State Treasurer, that such fiscal agent or custodian may perform any or all of the following services: make or accept delivery of securities; exchange securities, collect interest or divide…

52:18A-8.3. Provision against loss or damage required in agreements All agreements entered into by the State Treasurer with any bank pursuant to this act, shall provide that such bank or banks shall be responsible to the State, to the State Treasurer, and to any pension agency, f…

52:18A-8.4 Fee for returned check collected by Department of the Treasury 42. The State Treasurer may in the Treasurer's discretion charge a fee of $50 for each check, received for payment of any fee, fine, penalty or other charge collected by the Department of the Treasury, that…

52:18A-83 State Investment Council established; membership; terms. 5. a. There is hereby established in the Division of Investment a State Investment Council which shall consist of 16 members. (1) Each of the following agencies, namely, the Board of Trustees of the Public Employe…

52:18A-84 Director of Division of Investment. 6. The Division of Investment established hereunder shall be under the immediate supervision and direction of a director, who shall be a person qualified by training and experience to direct the work of such division. The director of …

52:18A-84.1 Deputy Directors of Division of Investment. 1. The State Treasurer shall, whenever he shall deem the same necessary, designate no more than two Deputy Directors of the Division of Investment, who shall be a person or persons qualified by training and experience to und…

52:18A-85 Transfer of certain powers, duties; exceptions. 7. The functions, powers and duties vested by law in the following enumerated agencies: The Board of Trustees of the Public Employees' Retirement System; the Board of Trustees of the State Police Retirement System; the Pri…

52:18A-86. Powers and duties relating to investment of certain funds to be performed by Director of Division of Investment The functions, powers and duties of, or relating to, investment or reinvestment of moneys of, and purchase, sale or exchange of, any investments or securitie…

52:18A-86.1. Acceptance, investment of moneys 3. The Director of the Division of Investment is authorized to accept, for purposes of investment, moneys from any joint self-insurance fund established by any school board insurance group pursuant to P.L.1983, c.108 (C.18A:18B-1 et s…

52:18A-87. State Disability Benefits Fund; Trustees for Support of Public Schools; investments by Director of Division of Investment The functions, powers and duties vested by law in the Board of Trustees of the State Disability Benefits Fund and the Trustees for the Support of P…

52:18A-88.1 Investment, reinvestment of moneys on behalf of specified agencies. 1. The Director of the Division of Investment, in addition to other investments, presently or from time to time hereafter authorized by law, shall have authority to invest and reinvest the moneys in, …

52:18A-89 Limitations, conditions, restrictions continued; authorization of investments. 11. a. Limitations, conditions and restrictions contained in any law concerning the kind or nature of investment of any of the moneys of any of the funds or accounts referred to herein shall …

52:18A-89.10 Sale, redemption, divestiture, withdrawal from certain investments; time. 3. The State Investment Council and the Director of the Division of Investment shall, after reviewing the recommendations of, and consulting with, an independent research firm that specializes …

52:18A-89.11 Reports to Legislature; contents. 4. Within 60 days after the effective date of this act, the Director of the Division of Investment shall file with the Legislature a report of all investments held as of the effective date of this act which are in violation of the pr…

52:18A-89.12 Pension or annuity, investment in foreign companies having equity ties to Iran; prohibited. 2. a. Notwithstanding any provision of law to the contrary, no assets of any pension or annuity fund under the jurisdiction of the Division of Investment in the Department of …

52:18A-89.13 Findings, declarations relative to investment of State funds in companies boycotting Israel. 1. The Legislature finds and declares that: Israel and the United States are allies sharing a common bond rooted in the values of freedom, democracy, and equal rights. The St…

52:18A-89.14 Investment in companies which boycott Israel prohibited. 2. a. Notwithstanding any provision of law to the contrary, no assets of any pension or annuity fund under the jurisdiction of the Division of Investment in the Department of the Treasury, or its successor, sha…

52:18A-89.15. Department of the Treasury use of qualified minority and women-owned financial institutions 1. a. The Director of the Division of Investment in the Department of the Treasury shall, subject to and consistent with the director's fiduciary duties and the standard for …

52:18A-89.16 Assets of pension, any annuity fund under the Division of Investment, Department of Treasury, prohibited from investment in listed entity with certain ties to Russia, Belarus. 6. a. Notwithstanding any provision of law to the contrary, except section 11 of P.L.1950 c…

52:18A-89.4. Findings, declarations The Legislature finds and declares that: a. The State of New Jersey is cognizant of the unacceptable high unemployment levels in Northern Ireland and the attendant ills which arise from such a situation; and b. The State wishes to support inves…

52:18A-89.5. Standards for corporate activity Notwithstanding any law, rule or regulation to the contrary, the Director of the Division of Investment in the Department of the Treasury is authorized and directed to investigate the extent to which United States corporations or thei…

52:18A-89.6. Annual report The director shall report the results of the investigation to the Governor and the Legislature not later than January 15 of each year. The report shall include but not be limited to the names and addresses of all United States corporations operating in …

52:18A-89.7. Encouragement of adherence by corporations The director shall, where necessary, appropriate, and consistent with prudent standards for fiduciary practice, initiate and support shareholder petitions or initiatives requiring adherence by the corporation to the standard…

52:18A-89.8. Investments in Israeli obligations 1. Notwithstanding the provisions of section 11 of P.L.1950, c.270 (C.52:18A-89) or any other law, rule or regulation to the contrary, the Director of the Division of Investment in the Department of the Treasury shall have the autho…

52:18A-89.9 Pension, annuity funds, certain, investment in company with equity ties to Sudan, certain; prohibited. 2. Notwithstanding any provision of law to the contrary, no assets of any pension or annuity fund under the jurisdiction of the Division of Investment in the Departm…

52:18A-9. Forms The director of the Division of Budget and Accounting shall have authority to prescribe uniform forms to be used by all departments or other agencies of the State Government in encumbering any funds appropriated. The director of the Division of Budget and Accounti…

52:18A-90. Employees of State Investment Council The State Treasurer, with the approval of the State Investment Council, shall assign to the Division of Investment such employees in the Department of the Treasury as may be necessary to assist the director in the performance of hi…

52:18A-90.1. Common trust fund Notwithstanding any statute or rule of law to the contrary, the Director of the Division of Investment may, subject to the approval of the State Investment Council and the State Treasurer, establish, maintain and operate one or more common trust fun…