Current through Register Vol. 56, No. 24, December 18, 2024
Section 17:16-95.2 - Permissible investments(a) Subject to the limitations contained in this subchapter, the Director may invest and reinvest the moneys of any eligible fund in opportunistic investments provided that: 1. The Director shall provide the Investment Policy Committee of the Council, prior to any binding commitment, with the requested due diligence information for all opportunistic investments recommended by the Division and a formal written report for each such investment; and2. The Director shall provide an informational memorandum to the Council of every opportunistic investment made, which memorandum shall be provided at the next regularly scheduled meeting of the Council subsequent to the date such investment has been made. N.J. Admin. Code § 17:16-95.2