New Jersey Administrative Code
Title 3 - BANKING
Chapter 34 - GOVERNMENTAL UNIT DEPOSIT PROTECTION
Subchapter 1 - GOVERNMENTAL UNIT DEPOSIT PROTECTION
Section 3:34-1.13 - Security; State and other public deposits
Universal Citation: NJ Admin Code 3:34-1.13
Current through Register Vol. 56, No. 18, September 16, 2024
The securing of public deposits as required under the Act shall not preclude any public depository from securing State or other public deposits which are otherwise required to be secured by law. The deposits which are otherwise required to be secured shall be excluded from the computation of the average balance of public funds as required in this subchapter.
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