4:10-66 - Deposit of funds with state treasurer; separate accounts; disbursement - New Jersey Statutes

4:10-66.  Deposit of funds with state treasurer;  separate accounts; disbursement
    All moneys received by the secretary pursuant to this act shall be deposited  as received with the State Treasurer and maintained by him in separate accounts  for each marketing program or agreement.  Moneys credited to each such account  shall be appropriated and used for the payment of expenses incurred in carrying  out the provisions of the particular marketing program or agreement, refunds  and returns of excess assessments and shall be disbursed by the State Treasurer  out of such funds in the same manner as other State expenses are paid,  provided, however, that no refund or return of excess assessment shall be made  where the amount due an individual is less than $5.00.

     L.1971, c. 308, s. 24, eff. Sept. 2, 1971.