State Codes and Statutes

Statutes > New-jersey > Title-18a > Section-18a-66 > 18a-66-62

18A:66-62.  Treasurer custodian of funds
    The state treasurer shall be the custodian of the funds created by this article, shall select all depositories and custodians and shall negotiate and execute custody agreements in connection with the assets or investments of any of said funds.

    All payments from the funds shall be made by him only upon voucher signed by  the chairman and countersigned by the secretary of the board of trustees. No  voucher shall be drawn, except upon the authority of the board duly entered in  the record of its proceedings.
 
L.1967, c.271.