39:3-33.6 - Disposition of funds - New Jersey Statutes

39:3-33.6.  Disposition of funds
    For a period commencing with the effective date of this act and terminating  upon the completion of the first full fiscal year thereafter, all moneys  received by the director pursuant to this act shall be forthwith deposited as  received with the State Treasurer, and the expenses of administration incurred  by the director in carrying out the provisions of this act, during the  aforementioned period are hereby appropriated to such purposes and shall be  disbursed by the State Treasurer out of such funds in the same manner as other  State expenses are paid.  Upon the termination of the first full fiscal year  after the effective date of this act, any excess of the moneys deposited with  the State Treasurer as heretofore provided and over the amount of the expenses  of administration during the period heretofore set forth, shall become a part  of the General State Fund, and all moneys received thereafter by the director  pursuant to this act, shall become a part of the General State Fund.

     L.1959, c. 56, p. 165, s. 4.