New Jersey Statutes Title 52. State Government, Departments and Officers 52 § 19-12

The comptroller  1 shall countersign and register all checks and drafts drawn by the treasurer, and all receipts for money paid to the treasurer.

Checks or drafts used only for the transfer of state funds from one depository to another drawn to the order of the “state treasurer, state of New Jersey”, and restrictively indorsed by the treasurer in the following manner: “Transfer of state funds--for deposit only” need not be countersigned by the comptroller.

No receipts shall be evidence of payment unless so countersigned, and no loans shall be made by the treasurer unless with the concurrence of the comptroller.