18A:19-10 - Payroll bank accounts; checks for compensation - New Jersey Statutes

18A:19-10  Payroll bank accounts; checks for compensation.

18A:19-10.  In a district which does not have a treasurer of school moneys, the secretary shall pursuant to N.J.S.18A:19-1 draw and deposit the warrants in separate bank accounts as a net payroll account and agency account for payroll deductions and associated board contributions.  Payment shall be made to the teachers and others entitled thereto by individual checks drawn to their respective orders upon such account and signed by the secretary and a board designee.  In a district which has a treasurer of school moneys, the treasurer shall deposit the warrants in a separate bank account as a payroll account and payment shall be made to the teachers and others entitled thereto by individual checks drawn to their respective orders upon such account.

amended 1981, c.174, s.14; 2010, c.39, s.18.