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11. There is hereby created in the Department of the Treasury a separate nonlapsing fund to be known as the Motor Vehicle Surcharges Securitization Fund. Revenue derived from bonds issued under the “Motor Vehicle Surcharges Securitization Act of 2004,” P.L.2004, c.70 (C. 34:1B-21.23 et al.) may be deposited into the Motor Vehicle Surcharges Securitization Fund and balances therein may be transferred to the General Fund.

L.2004,c.70,s.11.