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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 16

52:16-1. Bond; conditions; surety; filing

176 words·~1 min read·/nj/title-52/chapter-16/52-16-1

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The Secretary of State, before entering upon the performance of his duties, shall enter into bond to the State of New Jersey, with sufficient surety to be approved by a judge of the Superior Court, in the sum of five thousand dollars ($5,000.00), conditioned that he will well and truly execute the office of Secretary of State, and faithfully and impartially perform and execute all things pertaining to said office, both as regards the State and all persons concerned, and at the expiration of his said office, deliver all the books, records and papers remaining in or appertaining to said office, to his successor.
If individual and not corporate surety is given, the sureties shall be at least two in number and shall be freeholders of the State.
Said bond, when so executed, shall be recorded in the office of the Clerk of the Superior Court and thereafter delivered by such clerk to the State Treasurer who shall keep it among the public papers of his office.
Amended by L.1953, c. 49, p. 856, s. 16.
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