New Jersey § 52:14-32
Full text of New Jersey New Jersey Statutes § 52:14-32, with citation guidance and answers to common questions.
§ 52:14-32.
All boards, commissions, officers of the State and heads of departments of the State
Government authorized to invest moneys or funds may invest moneys or funds in their
possession in the notes, bonds or other obligations of any municipality of the State
which have heretofore been or shall hereafter be issued pursuant to a resolution or
ordinance adopted by the proper officers of such municipality in a form certified,
approved, indorsed or consented to by the local government board or issued with approval
or consent in writing on behalf of such local government board. The words “local government board” shall mean the Local Government Board of the Division
of Local Government in the State Department of Taxation and Finance, 1 or the commission referred to in section six hundred fifty-seven of the act entitled
“An act to authorize and regulate the issuance of bonds and other obligations and
the incurring of indebtedness by county, city, borough, town, township, village or
any other municipality, other than a school district (Revision of 1935),” approved
March twentieth, one thousand nine hundred and thirty-five (P.L.1935, c. 77) or in
section 40:1-67 2 of the Revised Statutes, or the commission referred to in section 52:27-1 of this Title and having and exercising with respect to such municipality the powers
and duties prescribed by chapter twenty-seven of this Title ( § 52:27-1 et seq. ), or any board, commission, officer or other agency of the State Government which
may succeed to and exercise the powers and duties of such Local Government Board or
either such commission. The powers conferred by this section shall be in addition to the powers conferred
by every other law, and notes, bonds and other obligations may be purchased hereunder
notwithstanding the restrictions contained in any other laws. 1
Deemed to mean or refer to local government board of the division of local government
services in the department of community affairs, see N.J.S.A. § 52:18A-46. 2
N.J.S.A. § 40:1-67 (Repealed. See, now, N.J.S.A. § 40A:2-55).
Frequently Asked Questions About New Jersey § 52:14-32
What does New Jersey Statutes § 52:14-32 cover?
Section 52:14-32 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 § 52:14-32?
A common citation format is "New Jersey Statutes § 52:14-32" (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 § 52:14-32 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.