New Jersey § 18a:66-27
Full text of New Jersey New Jersey Statutes § 18a:66-27, with citation guidance and answers to common questions.
§ 18a:66-27.
The special reserve fund shall be the fund to which any earnings in excess of the
amounts annually allowed under the provisions of section 18A:66-25 shall be transferred. No additional amounts shall be credited to the special reserve fund at any time
when the total accumulations in such fund shall equal 1% of the book value of the
investments of the retirement system. In this event, any such excess shall be credited to the contingent reserve fund. All losses from the sale of securities shall be charged against the special reserve
fund. The special reserve fund shall be considered for valuation purposes by the actuary
as an asset of the retirement system.
Frequently Asked Questions About New Jersey § 18a:66-27
What does New Jersey Statutes § 18a:66-27 cover?
Section 18a:66-27 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 § 18a:66-27?
A common citation format is "New Jersey Statutes § 18a:66-27" (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 § 18a:66-27 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.