N.J.S.A. 18A:72A-12.1

Investment or reinvestment of funds

18A:72A-12.1. Investment or reinvestment of funds All functions, powers and duties relating to the investment or reinvestment of funds within the jurisdiction of the authority including the purchase, sale or exchange of any investments or securities may, at the request of the authority, be exercised and performed by the director of the Division of Investment, in accordance with written directions of the authority signed by an authorized officer. L.1968, c. 400, s. 1, eff. Jan. 10, 1969.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 18A:72A-12.1, 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.