N.J. Admin. Code § 17:16-65.9

Current through Register Vol. 56, No. 24, December 18, 2024

Section 17:16-65.9 - Limitations

(a) With respect to the New Jersey State Employees Deferred Compensation Equity Fund, not more than 10 percent of the market value of the Fund shall be invested in the common stocks and securities convertible into common stock of any one corporation.

(b) With respect to the New Jersey State Employees Deferred Compensation Fixed Income Fund, not more than 10 percent of the market value of the assets of the fund shall be invested in the debt of any one corporation, and not more than 25 percent of any one issue may be purchased at the time of issue.

(c) With respect to the New Jersey State Employees Deferred Compensation Small Capitalization Equity Fund, not more than 10 percent of the market value of the Fund shall be invested in the common stocks and securities convertible into common stock of any one corporation.

N.J. Admin. Code § 17:16-65.9

Amended by R.2005 d.347, effective 10/17/2005.
See: 37 N.J.R. 2150(a), 37 N.J.R. 4032(a).
Rewrote the section.
Repeal and New Rule, R.2006 d.317, effective 9/5/2006.
See: 38 N.J.R. 2039(a), 38 N.J.R. 3632(a).
Section was "Reinvestment of income earned".
Amended by R.2012 d.194, effective 12/3/2012.
See: 44 N.J.R. 1966(a), 44 N.J.R. 2999(b).In (a) and (c), deleted ", preferred stocks" following "common stocks"; and in (c), substituted "Fund" for "fund".
Repealed by R.2014 d.038, effective 3/3/2014.
See: 45 N.J.R. 1477(a), 46 N.J.R. 442(a).
Section was "Limitations".