New Jersey Statutes 52:18-25.4. Interest on investments
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Terms Used In New Jersey Statutes 52:18-25.4
- 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
Interest earned on any such investments shall be paid into the General State Fund, but the State Treasurer shall first deduct therefrom any premium paid on account of notes or bonds purchased, as well as the necessary expenses incurred in administering this act.
L.1947, c. 158, p. 710, s. 3.