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New Jersey Statutes, Title: 18A, EDUCATION
Chapter 56: "Trustees for support of public schools" ; how constituted
Section: 18A:56-11: Investment in bonds secured by mortgages
No part of the principal or interest of the fund shall be invested in bonds secured by mortgage on lands except as hereinafter provided in the case of purchase money mortgages.
L.1967, c.271
This section added to the Rutgers Database: 2012-09-26 13:37:47.
Older versions of 18a:56-11 (if available):
Court decisions that cite this statute:
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