New Jersey § 52:18a-88
Full text of New Jersey New Jersey Statutes § 52:18a-88, with citation guidance and answers to common questions.
§ 52:18a-88.
The Director of the Division of Investment, in addition to other investments, presently
or from time to time hereafter authorized by law, shall have authority to invest and
reinvest the moneys in, and to acquire for or on behalf of the funds of the following
enumerated agencies: The Consolidated Police and Firemen's Pension Fund; The Police and Firemen's Retirement System of New Jersey; The Prison Officers' Pension Fund; The Public Employees' Retirement System of New Jersey; The State Police Retirement System; The Teachers' Pension and Annuity Fund; The Judicial Retirement System of New Jersey; The Trustees for the Support of Public Schools; and all other funds in the custody of the State Treasurer, unless otherwise provided
by law; such investments which shall be authorized or approved for investment by regulation
of the State Investment Council , or in the case of the Police and Firemen's Retirement System of New Jersey, by regulation
of the Board of Trustees of the Police and Firemen's Retirement System of New Jersey,
except that notwithstanding this provision, Common Pension Fund L and the assets held
by Common Pension Fund L as of the effective date of this Act and thereafter, including
the interest of the Police and Firemen's Retirement System of New Jersey therein shall
remain within the Division of Investment. The Director of the Division of Investment and the State Investment Council shall
retain all functions, powers, and duties relating to Common Pension Fund L assigned
to the Division of Investment, the Director of the Division of Investment, and the
State Investment Council, by P.L. 2017, c. 98 ( C.5:9-22.5 et seq. ) .
Frequently Asked Questions About New Jersey § 52:18a-88
What does New Jersey Statutes § 52:18a-88 cover?
Section 52:18a-88 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-88?
A common citation format is "New Jersey Statutes § 52:18a-88" (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-88 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.