N.J. Stat. § 52:18-25.3: Claims for railroad deposits; sale of securities when allowed

In the event that any claim for such railroad deposits shall be made and allowed, and in the event that any such bonds or coupons shall be presented for payment, the State Treasurer is hereby authorized and empowered to sell so much of the securities aforesaid as will enable him to make the necessary payment or payments.

L.1947, c. 158, p. 710, s. 2.