New Jersey § 17:9a-175
Full text of New Jersey New Jersey Statutes § 17:9a-175, with citation guidance and answers to common questions.
§ 17:9a-175.
No savings bank shall make an investment pursuant to this act at any time (a) when the total of all of such investments exceeds, or if the making of such investment
would cause such total to exceed 10% of its deposits; or (b) when the total of all such investments in the revenue bonds of one unit exceeds,
or if the making of such investment would cause the total investment in the revenue
bonds of any 1 unit to exceed 1% of its deposits; or (c) when the total of all such investments in revenue bonds of any 1 unit exceeds,
or if the making of such investment would cause such total to exceed 5% of the total
amount of all revenue bonds of that unit issued and outstanding.
Frequently Asked Questions About New Jersey § 17:9a-175
What does New Jersey Statutes § 17:9a-175 cover?
Section 17:9a-175 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 § 17:9a-175?
A common citation format is "New Jersey Statutes § 17:9a-175" (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 § 17:9a-175 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.