18A:66-84. Limit on investment
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/nj/title-18a/chapter-66/18a-66-84·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.