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New Jersey Statutes Title 40A. Municipalities and Counties 40A § 5-15

Current as of January 01, 2024 | Updated by Findlaw Staff

All moneys, including moneys collected by taxation, received from any source by or on behalf of any local unit or any board or department thereof shall, within 48 hours after the receipt thereof, either

a. be paid to the officer charged with the custody of the general funds of the local unit, who shall deposit all such funds within 48 hours after the receipt thereof to the credit of the local unit in its designated legal depository, or

b. be deposited to the credit of the local unit in its designated legal depository.

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Cite this article: FindLaw.com - New Jersey Statutes Title 40A. Municipalities and Counties 40A § 5-15 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-40a-municipalities-and-counties/nj-st-sect-40a-5-15/

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