New Jersey § 52:18a-86
Full text of New Jersey New Jersey Statutes § 52:18a-86, with citation guidance and answers to common questions.
§ 52:18a-86.
The Director of the Division of Investment is authorized to accept, for purposes of
investment, moneys from any joint self-insurance fund established by any school board
insurance group pursuant to P.L.1983, c. 108 ( C.18A:18B-1 et seq. ) and moneys from any joint insurance fund established by two or more units of local
government, including contracting units, pursuant to P.L.1983, c. 372 ( C.40A:10-36 et seq. ). All moneys accepted by the director pursuant to this section shall be invested on
behalf of the funds in accordance with the standards governing the investment of other
funds managed under the rules and regulations of the State Investment Council. Moneys accepted by the director pursuant to subsection c. of section 3 of P.L.1983,
c. 372 ( C.40A:10-38 ) may be invested and reinvested pursuant to the written directions of the commissioners,
signed by an authorized officer of the joint insurance fund, or any investment or
asset manager designated by them. The commissioners shall provide a written notice to the director detailing the extent
of the authority delegated to the investment or asset manager so designated to act
on behalf of the joint insurance fund.
Frequently Asked Questions About New Jersey § 52:18a-86
What does New Jersey Statutes § 52:18a-86 cover?
Section 52:18a-86 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 § 52:18a-86?
A common citation format is "New Jersey Statutes § 52:18a-86" (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 § 52:18a-86 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.