N.J.S.A. 46:30B-75 — Investment, reinvestment of moneys deposited.

46:30B-75 Investment, reinvestment of moneys deposited. 46:30B-75. The administrator shall invest and reinvest all moneys deposited into the Unclaimed Personal Property Trust Fund and the Unclaimed Utility Deposits Trust Fund in the State of New Jersey Cash Management Fund or in bonds or interest-bearing notes or obligations a. of the United States, or b. guaranteed as to principal and interest by the United States, or c. for the payment of the principal and interest of which the full faith and credit of the United States are distinctly pledged, or d. of the State of New Jersey, or e. of a governmental entity of the State of New Jersey. L.1989, c.58, s.1; amended 2000, c.132, s.6.

This is the verbatim text of N.J.S.A. 46:30B-75, 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.