Terms Used In New Jersey Statutes 4:18A-2

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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
Funds and the proceeds of the trust assets return to the secretary in accordance with an application made pursuant to section one of this act and all moneys collected under this act shall be forwarded to the Treasurer of the State of New Jersey. The State Treasurer shall disburse same, subject to the provisions of this act, and in the same manner as other Federal funds, devoted to specific purposes, are now disbursed by him.

L.1951, c. 321, p. 1152, s. 2.