New Jersey Statutes 32:6-4. Delivery of bonds to teachers’ pension and annuity fund and highway extension sinking fund
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Terms Used In New Jersey Statutes 32:6-4
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
L.1933, c. 409, p. 1127, entitled “An act providing for the disposition of the bonds issued and delivered by the Delaware River Joint Commission in payment of its debt to the state of New Jersey authorizing its use thereof,” approved December fourth, one thousand nine hundred and thirty-three, saved from repeal. [Directs the state treasurer to deliver a sufficient number of bonds of the Delaware River Joint Commission to the teachers’ pension and annuity fund and to the highway extension sinking fund.]