N.J.S.A. 18A:56-11

Investment in bonds secured by mortgages

18A:56-11. Investment in bonds secured by mortgages No part of the principal or interest of the fund shall be invested in bonds secured by mortgage on lands except as hereinafter provided in the case of purchase money mortgages. L.1967, c.271

External source: View on Justia →

This is the verbatim text of N.J.S.A. 18A:56-11, 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.