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

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…

52:18A-90.2. Record of capital contributions of participating funds with income inuring to benefit of general state fund In any common trust fund where the income of the participating funds inures to the benefit of the General State Fund, the participating capital contributions o…

52:18A-90.3. Certificates of ownership in common trust fund; distributions In any common trust fund where the income of the participating funds inures to the benefit of the participating funds, ownership in the common trust fund shall be delineated by units which shall be evidenc…

52:18A-90.4 State of New Jersey Cash Management Fund. 1. a. Notwithstanding the provisions of section 2 of P.L.1970, c.270 (C.52:18A-90.2), the Director of the Division of Investment may, subject to the approval of the State Investment Council and the State Treasurer, establish, …

52:18A-90.4a Definitions used in C.52:18A-90.4. 4. As used in section 1 of P.L.1977, c.281 (C.52:18A-90.4): "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 …

52:18A-91 Powers and duties of State Investment Council. 13. a. The State Investment Council shall consult with the Director of the Division of Investment from time to time with respect to the work of the division. It shall have access to all files and records of the division and…

52:18A-91.1 State Investment Council members forbidden to vote on certain transactions. 1. a. Notwithstanding the provision of any law, rule or regulation to the contrary, a member of the State Investment Council shall not vote on transactions before the State Investment Council …

52:18A-92. Report of operations of Division of Investment Not later than fifteen days after the close of each month, the Director of the Division of Investment shall cause to be prepared and make available to the State Treasurer, the State Investment Council, the press and the pu…

52:18A-93. Bond of Director Before entering upon his duties, the Director of the Division of Investment established hereunder shall give bond conditioned upon the faithful performance of his duties. The bond of the director shall be approved by the Attorney-General and shall be i…

52:18A-94. Inconsistent laws To the extent that the provisions of this act are inconsistent with the provisions of any other law, the provisions of this act shall be controlling. L.1950, c. 270, p. 925, s. 16.

52:18A-95. Division of Pensions established There is hereby created and established within the Department of the Treasury a Division of Pensions. L.1955, c. 70, p. 233, s. 1.

52:18A-95.1. Division of Pensions renamed Division of Pensions and Benefits 36. The Division of Pensions in the Department of the Treasury, created and established by P.L.1955, c.70 (C.52:18A-95 et seq.), shall be known and be referred to as the Division of Pensions and Benefits.…

52:18A-96. Transfer of agencies and their functions, powers, duties, equipment and records--exceptions The following agencies, namely the Board of Trustees of the Public Employees' Retirement System, the Prison Officers' Pension Commission, the Board of Trustees of the Teachers' …

52:18A-97. Powers and duties of enumerated agencies continued Except as is otherwise provided in this act, and in chapter 270 of the laws of 1950, as amended and supplemented; (1) each of the respective agencies enumerated in section 2 hereof shall continue to have all of the pow…

52:18A-98. Authority to appoint, employ or remove personnel The authority, vested pursuant to any law in any of the respective agencies, to appoint, employ or remove administrative, clerical or any other personnel, is hereby transferred to and vested in the State Treasurer. The S…

52:18A-99. Director; appointment and qualifications; tenure and salary The Division of Pensions established hereunder shall be headed, directed and supervised by a director, who shall be a person qualified by training and experience to direct the work of such division. The direct…

52:18B-1 Short title. 1. This act shall be known and may be cited as the "Tobacco Settlement Financing Corporation Act." L.2002,c.32,s.1.

52:18B-10 Pledge, agreement between State and corporation. 10. a. The State hereby pledges and agrees with the corporation, and the owners of the securities and benefitted parties, that until all securities and ancillary facilities, together with the interest thereon and all cost…

52:18B-11 Securities as legal investments. 11. Notwithstanding any restriction contained in any other law, rule, regulation or order to the contrary, the State and all political subdivisions of the State, their officers, boards, commissioners, departments or other agencies, all b…