New Jersey Statutes 17:24-16. Audit of receipts and disbursements; statement of assets and liabilities
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Terms Used In New Jersey Statutes 17:24-16
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
The commissioner shall require annually and at such other times as he may deem it necessary or advisable a duly certified audit of receipts and disbursements and statement of assets and liabilities, showing the details of the financial operations of the Committee on Valuation of Securities.
L.1949, c. 248, p. 798, s. 4.