17:9A-33 - Transfer of investments heretofore deposited - New Jersey Statutes

17:9A-33.  Transfer of investments heretofore deposited
    Upon petition by a qualified bank which has heretofore deposited investments  with the Register of the Prerogative Court, as the said court was constituted  prior to September 15, 1948, as a prerequisite to its appointment as fiduciary  by any court or officer of this State and upon proof that a federal reserve  bank or qualified bank, authorized under subsection B of section 31 to act as  depositary pursuant to said section, has consented to receive and hold such  investments as such depositary, the Superior Court shall order the transfer of  such investments to such depositary and, upon such transfer, such investments  shall constitute a fund to be held subject to section 31.

     L.1948, c. 67, p. 222, s. 33.