N.J.S.A. 17:2-6.1 — Insured mortgages and bonds and obligations of national mortgage associations

17:2-6.1. Insured mortgages and bonds and obligations of national mortgage associations Wherever, by statute of this State, collateral is required as security for the deposit of public or other funds; or deposits are required to be made with any public official or department; or an investment of capital or surplus, or a reserve or other fund, is required to be maintained consisting of designated securities, mortgage loans and bonds insured by the Federal Housing Administrator and obligations of national mortgage associations shall be eligible for such purposes. Amended by L.1938, c. 52, p. 147, s. 2.

This is the verbatim text of N.J.S.A. 17:2-6.1, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.