52:18-25.4. Interest on investments
50 words·~1 min read·
/nj/title-52/chapter-18/52-18-25-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 administering this act.
L.1947, c. 158, p. 710, s. 3.