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New Jersey Statutes, Title: 53, STATE POLICE

    Chapter 5a: Provisos as to repeal

      Section: 53:5a-40: Payment of proceeds of tax on foreign insurance companies to state treasurer for deposit in general funds

           While 1/8 of the 2\% tax collected by the State Tax Commissioner under section 54:17-1 of the Title Taxation from insurance companies of other States and foreign countries, on premiums of insurance against automobile liability, automobile property damage, automobile collision and automobile fire and theft insurance risks in this State, were turned over monthly by the State Tax Commissioner to the State Treasurer to be added to the former "State Police Retirement and Benevolent Fund" the proceeds of such tax shall henceforth be paid to the State Treasurer for deposit in the funds of the General Treasury.

L.1965, c. 89, s. 40, eff. July 1, 1965.



This section added to the Rutgers Database: 2012-09-26 13:37:56.






Older versions of 53:5a-40 (if available):



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