New Jersey § 32:1-114
Full text of New Jersey New Jersey Statutes § 32:1-114, with citation guidance and answers to common questions.
§ 32:1-114.
The obligations which may be issued by the port authority for the construction of
said bridge and for purposes incidental thereto are hereby made securities in which
all state and municipal officers and bodies, all banks, bankers, trust companies,
saving banks, saving 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 administrators, executors,
guardians, trustees and other fiduciaries, may properly and legally invest any funds
belonging to them, including capital, or within their control; and said obligations
are hereby made securities which may properly and legally be deposited with and received
by any state or municipal officer or agency for any purpose for which bonds or other
obligations of this state may be deposited.
Frequently Asked Questions About New Jersey § 32:1-114
What does New Jersey Statutes § 32:1-114 cover?
Section 32:1-114 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 32:1-114?
A common citation format is "New Jersey Statutes § 32:1-114" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 32:1-114 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.