{"data":{"id":"us-nj/n.j.-stat.-52-31c-5","jurisdiction":"us-nj","citation":"N.J. Stat. § 52:31C-5","heading":"Establishment of State payment account for structured financing transaction.","body":"5.  a.  The State Treasurer may establish a State payment account for a structured financing transaction.  If the State Treasurer determines that a State payment account should be established, the State Treasurer is authorized to:\n(1)\tSelect the payment bank in such manner as the State Treasurer may determine to be appropriate;\n(2)\tDirect the deposit of moneys to the payment bank to fund the State payment account; and\n(3)\tTake any actions necessary or convenient in connection with the establishment of the State payment account.\nb.\tThere are appropriated such moneys as are required to be deposited in a State payment account for the purposes specified in the related structured financing agreement.\nL.1999,c.157,s.5.","path":["TITLE 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS"],"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":"087327878b20ca094ba7a9086fdf2196d7b0bcdae238c641753c1e51151edd15","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-52-31c-4","next":"us-nj/n.j.-stat.-52-31c-6"},"notice":"GroundRules: Original legal text. Not legal advice."}