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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 18A

52:18A-115 Investment of assets of Variable Division.

50 words·~1 min read·/nj/title-52/chapter-18a/52-18a-115

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

9. The assets of the Variable Division shall be invested and reinvested principally in common stocks and securities which are convertible into common stocks. Such common stocks and securities shall be traded on a securities exchange in the United States or over-the-counter market.
L.1963, c.123, s.9; amended 2011, c.78, s.74.
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