§ 17:9-9 Depositories for public moneys; designation; effect upon officers liability
§ 17:9-41 Definitions
§ 17:9-42 Security requirement for public depositories
§ 17:9-43 Powers of commissioner
§ 17:9-43.1 Eligible collateral requirement for certain public funds
§ 17:9-43.2 Designation of nonprofit organization as recipient of funds
§ 17:9-44 Amount of collateral required as security; exceptions
§ 17:9-45 Proceedings after determination of default; pro rata distribution of collateral; assessment of other public depositories for deficiency
§ 17:9-46 Distribution of proceeds of liquidation of defaulting depository
§ 17:9-47 Operative date
§ 17:9-48 Short title
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Terms Used In New Jersey Statutes > Title 17 > Chapter 9 - Depositories for Public Moneys; Designation; Effect Upon Officers Liability

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • month: means a calendar month, and the word "year" means a calendar year. See New Jersey Statutes 1:1-2
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • 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