N.J. Stat. § 18A:66-84
Current through L. 2024, c. 87.
Any investment authorized pursuant to this article shall not exceed 2 1/2 % of the book value of the total investments of such fund at the time of the making of the investment or $11,500,000.00, whichever is the smaller amount.
N.J.S. § 18A:66-84