4:10-66. Deposit of funds with state treasurer; separate accounts; disbursement
121 words·~1 min read·
/nj/title-4/chapter-10/4-10-66A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All moneys received by the secretary pursuant to this act shall be deposited as received with the State Treasurer and maintained by him in separate accounts for each marketing program or agreement. Moneys credited to each such account shall be appropriated and used for the payment of expenses incurred in carrying out the provisions of the particular marketing program or agreement, refunds and returns of excess assessments and shall be disbursed by the State Treasurer out of such funds in the same manner as other State expenses are paid, provided, however, that no refund or return of excess assessment shall be made where the amount due an individual is less than $5.00.
L.1971, c. 308, s. 24, eff. Sept. 2, 1971.