New Jersey § 12:11a-18
Full text of New Jersey New Jersey Statutes § 12:11a-18, with citation guidance and answers to common questions.
§ 12:11a-18.
Notwithstanding any restriction contained in any other law, the State and all political
subdivisions of this State, their officers, boards, commissions, departments or other
agencies, 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 or investment business, all insurance companies, insurance
associations and other persons carrying on an insurance business, and all executors,
administrators, guardians, trustees and other fiduciaries, and all other persons whatsoever
who now are or may hereafter be authorized to invest in bonds or other obligations
of the State, may properly and legally invest any sinking funds, moneys or other funds,
including capital, belonging to them or within their control in any bonds or notes
issued by the corporation under the provisions of this act; and said bonds and notes
are hereby made securities which may properly and legally be deposited with and received
by any State or municipal officers or agency of the State for any purpose for which
the deposit of bonds or other obligations of the State is now or may hereafter be
authorized by law.
Frequently Asked Questions About New Jersey § 12:11a-18
What does New Jersey Statutes § 12:11a-18 cover?
Section 12:11a-18 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 § 12:11a-18?
A common citation format is "New Jersey Statutes § 12:11a-18" (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 § 12:11a-18 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.