N.J.S.A. 18A:66-84

Limit on investment

18A:66-84. Limit on investment Any investment authorized pursuant to this article shall not exceed 2 1/2 % of the book value of the total investments of such fund at the time of the making of the investment or $11,500,000.00, whichever is the smaller amount. L.1967, c.271.

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This is the verbatim text of N.J.S.A. 18A:66-84, 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.

N.J.S.A. 18A:66-84 — Limit on investment | Kyzer