Rule 1:27B-4. Powers

The Financial Committee shall have the following general powers:

(a) to receive annually from the Secretary a budget for the attorney admission system of the state; to review the same and to recommend to the Supreme Court a proposed budget subject to public comment thereon;

(b) to receive, hold, manage, distribute, and invest the funds it may receive, all in accordance with these rules and policies approved by the Supreme Court;

(c) to establish necessary bank accounts and approve and monitor expenditures based on the budget annually adopted by the Supreme Court.