New Jersey § 32:1-140
Full text of New Jersey New Jersey Statutes § 32:1-140, with citation guidance and answers to common questions.
§ 32:1-140.
The bonds delivered by the Port Authority to either or both States pursuant to this
act and the concurrent act of the State of New York, and any bonds, notes or other
evidences of indebtedness issued by the Authority to provide moneys with which to
make payments to either or both States pursuant to this act and the concurrent act
of the State of New York, are hereby made securities in which all State and municipal
officers and bodies of both States, all banks, bankers, trust companies, savings banks,
building and loan associations, savings 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, and all other persons whatsoever,
who are now or may hereafter be authorized by either State to invest in bonds or other
obligations of such State, may properly and legally invest any funds, including capital,
belonging to them or within their control; and said obligations are hereby made securities
which may properly and legally be deposited with and shall be received by any State
or municipal officer or agency of either State for any purpose for which the deposit
of bonds or other obligations of such State is now or may hereafter be authorized.
Frequently Asked Questions About New Jersey § 32:1-140
What does New Jersey Statutes § 32:1-140 cover?
Section 32:1-140 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 § 32:1-140?
A common citation format is "New Jersey Statutes § 32:1-140" (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 § 32:1-140 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.