New Jersey Revised Statutes § 18a:56-11 - Investment In Bonds Secured By Mortgages

18A:56-11. Investment in bonds secured by mortgages
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

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Last modified: October 11, 2016