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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES
Chapter 37: Shade tree commission; freeholders' powers
Section: 40:37-11.3: Gifts or trust funds for park purposes; investment
Whenever any county park commission receives any gift of funds for park purposes, or is the recipient of any trust funds for such purposes, the commission may, in its discretion, invest and keep invested the moneys of such funds, so far as the same can be done in securities authorized by law for the investment of trust funds.
L.1973, c. 29, s. 1, eff. Feb. 16, 1973.
This section added to the Rutgers Database: 2012-09-26 13:37:51.
Older versions of 40:37-11.3 (if available):
Court decisions that cite this statute:
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