{"data":{"id":"us-nj/n.j.-stat.-17-9-42","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:9-42","heading":"Security requirement for public depositories.","body":"2.\tThe receipt and holding of public funds on deposit by a public depository is a voluntary activity undertaken by that depository. However, no governmental unit shall deposit public funds in a public depository unless such funds are secured by the depository, and the depository is otherwise in compliance, or acting in accordance with, this act.\nL.1970, c.236, s.2; amended 2009, c.326, s.2.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"cf2f8f4c626d42a403cc8ba722870952c42e5ec1c45b9634d692f03e44933b93","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-9-41","next":"us-nj/n.j.-stat.-17-9-43"},"notice":"GroundRules: Original legal text. Not legal advice."}