18A:56-11. Investment in bonds secured by mortgages
33 words·~1 min read·
/nj/title-18a/chapter-56/18a-56-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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