N.J.S.A. 40:37-11.3

Gifts or trust funds for park purposes; investment

40:37-11.3. Gifts or trust funds for park purposes; investment Whenever any county park commission receives any gift of funds for park purposes, or is the recipient of any trust funds for such purposes, the commission may, in its discretion, invest and keep invested the moneys of such funds, so far as the same can be done in securities authorized by law for the investment of trust funds. L.1973, c. 29, s. 1, eff. Feb. 16, 1973.

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This is the verbatim text of N.J.S.A. 40:37-11.3, 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. 40:37-11.3 — Gifts or trust funds for park purposes; investment | Kyzer