The Director may invest the assets of the NJBEST Fund in fixed income securities and equity investments permitted under this chapter, and in the State of New Jersey Cash Management Fund.
N.J. Admin. Code § 17:16-68.2
See: 32 N.J.R. 1326(a), 32 N.J.R. 2258(b).
In (c), substituted a reference to 80 percent for a reference to 40 percent, and changed N.J.A.C. reference.
Recodified from N.J.A.C. 17:16-68.4 and amended by R.2006 d.317, effective 9/5/2006.
See: 38 N.J.R. 2039(a), 38 N.J.R. 3632(a).
Rewrote the section. Former N.J.A.C. 17:16-68.2, Participation in the NJBEST Plan, recodified in part to N.J.A.C. 17:16-68.1.
Amended by R.2014 d.038, effective 3/3/2014.
See: 45 N.J.R. 1477(a), 46 N.J.R. 442(a).
Substituted "equity" for "in common and preferred stocks and issues convertible into common stock, including any".