New Jersey § 34:1b-61
Full text of New Jersey New Jersey Statutes § 34:1b-61, with citation guidance and answers to common questions.
§ 34:1b-61.
Notwithstanding the provisions of any other law to the contrary, the State, its political
subdivisions, agencies and instrumentalities, their officers, boards, commissioners,
departments, any trust company, State or federally chartered bank, savings bank, savings
and loan association, investment companies, insurance companies, all executors, administrators,
guardians and fiduciaries, and all other persons whosoever who now are or may hereafter
be authorized to invest in bonds or other obligations of the State, may legally invest
funds belonging to them or within their control in bonds or notes issued by the authority
pursuant to the provisions of this act. These bonds and notes are securities which may properly and legally be deposited
with and received by any State or municipal officer 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 § 34:1b-61
What does New Jersey Statutes § 34:1b-61 cover?
Section 34:1b-61 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 § 34:1b-61?
A common citation format is "New Jersey Statutes § 34:1b-61" (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 § 34:1b-61 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.