52:18A-8.2 - Services to be performed - New Jersey Statutes

52:18A-8.2.  Services to be performed
    Such agreements may provide, at the discretion of the State Treasurer, that  such fiscal agent or custodian may perform any or all of the following services:  make or accept delivery of securities;  exchange securities, collect  interest or dividends thereon and principal thereof;  surrender securities for  exchange, redemption or payment;  hold securities, cash or other assets of the  State or of any such pension agency, system or fund, as aforementioned, in  safekeeping;  deposit in such account or accounts as the State Treasurer shall  designate, the proceeds of the sale, exchange, redemption or payment of  securities and of interest or dividends thereon, and such other related  services as the State Treasurer may determine.

     L.1954, c. 22, p. 77, s. 2.