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New Jersey Statutes - Title 58 Waters and Water Supply - 58:14-34.22 Investments in bonds; security for deposits
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New Jersey Laws > Waters and Water Supply > New Jersey Statutes - Title 58 Waters and Water Supply - 58:14-34.22 Investments in bonds; security for deposits
58:14-34.22. Investments in bonds; security for deposits
Notwithstanding any restriction contained in any other law, the State and all public officers, municipalities, counties, political subdivisions and public bodies, and agencies thereof, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carrying on a banking business, all insurance companies, insurance associations and other persons carrying on an insurance business, and all executors, administrators, guardians, trustees and other fiduciaries, may legally invest any sinking funds, moneys or other funds belonging to them or within their control in any bonds, and such bonds shall be authorized security for any and all public deposits. L.1953, c. 388, p. 2021, s. 13.
Sections: 14-34.15 14-34.16 14-34.17 14-34.18 14-34.19 14-34.20 14-34.21 14-34.22 14-34.23 14-34.24 14-34.25 14-34.26 14-34.27 14-34.28 14-34.29
Last modified: February 14, 2012
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