New Jersey § 40a:9-17
Full text of New Jersey New Jersey Statutes § 40a:9-17, with citation guidance and answers to common questions.
§ 40a:9-17.
Whenever any person holding public office, position or employment, whose compensation
is paid by any county or municipality or by any board, body, agency or commission
thereof, or any board of education, shall indicate in writing to the proper disbursing
officer his desire to have any deductions made from his compensation for payment:
a. to a credit union, organized under the laws of this State or of the United States,
the membership of which is limited to public employees, or b. to an insurance company
authorized to do business in this State for the purchase of an individual retirement
annuity written on a group or individual basis, as defined by section 408(b) of the Federal Internal Revenue Code of 1954 as amended ( 26 U.S.C. s. 408(b) ), or c. to any State or federally chartered bank, savings bank, or savings and loan
association selected by the employer for deposit into an individual retirement account,
as defined by section 408(a) of the Federal Internal Revenue Code of 1954 as amended ( 26 U.S.C. s. 408(a) ), such deductions shall be made by the proper disbursing officer, when directed so
to do by resolution of the governing body of any county or municipality or by resolution
of the board, body, agency or commission or board of education of which he is the
disbursing officer, and shall be transmitted to the treasurer of the credit union,
insurance company or the bank, savings bank, or savings and loan association. Any such written authorization may be withdrawn upon filing notice of such withdrawal
with the proper disbursing officer.
Frequently Asked Questions About New Jersey § 40a:9-17
What does New Jersey Statutes § 40a:9-17 cover?
Section 40a:9-17 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 40a:9-17?
A common citation format is "New Jersey Statutes § 40a:9-17" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 40a:9-17 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.