52:18-35 - Deposit of United States bonds, received as security for depositsĀ of moneys received from United States, in Federal Reserve Bank outside state
52:18-35.Ā Deposit of United States bonds, received as security for depositsĀ of moneys received from United States, in Federal Reserve Bank outside state
In all cases where the Treasurer of this State has received or shall receiveĀ bonds of the United States of America as security for moneys received from theĀ Federal government and deposited by him in a bank or trust company of thisĀ State, then and in that event, upon the request of the Federal government, theĀ State Treasurer is hereby authorized and empowered to deposit said securitiesĀ in a Federal Reserve Bank located out of this State, the State Treasurer firstĀ taking a receipt for the securities so deposited.
L.1942, c. 348, p. 1212, s. 1.
Ā
In all cases where the Treasurer of this State has received or shall receiveĀ bonds of the United States of America as security for moneys received from theĀ Federal government and deposited by him in a bank or trust company of thisĀ State, then and in that event, upon the request of the Federal government, theĀ State Treasurer is hereby authorized and empowered to deposit said securitiesĀ in a Federal Reserve Bank located out of this State, the State Treasurer firstĀ taking a receipt for the securities so deposited.
L.1942, c. 348, p. 1212, s. 1.
Ā