There Is a Newer Version of the New Jersey Revised Statutes
2013 New Jersey Revised Statutes
Title 18A - EDUCATION
Section 18A:56-11 - Investment in bonds secured by mortgages
NJ Rev Stat § 18A:56-11 (2013) What's This?
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
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