New Jersey § 52:18b-11
Full text of New Jersey New Jersey Statutes § 52:18b-11, with citation guidance and answers to common questions.
§ 52:18b-11.
Notwithstanding any restriction contained in any other law, rule, regulation or order
to the contrary, the State and all political subdivisions of the State, their officers,
boards, commissioners, departments or other agencies, all banks, bankers, trust companies,
savings banks and institutions, building and loan associations, saving and loan associations,
investment companies and other persons carrying on a banking or investment business,
and all executors, administrators, guardians, trustees and other fiduciaries, and
all other persons whatsoever who now are or may hereafter be authorized to invest
in bonds or other obligations of the State, may properly and legally invest any sinking
funds, moneys or other funds, including capital, belonging to them or within their
control, in any securities; and said securities are hereby made securities which
may properly and legally be deposited with, and received by, any State municipal officers
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 § 52:18b-11
What does New Jersey Statutes § 52:18b-11 cover?
Section 52:18b-11 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 § 52:18b-11?
A common citation format is "New Jersey Statutes § 52:18b-11" (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 § 52:18b-11 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.