N.J. Admin. Code § 3:11-1.2
The following words and terms, when used in this subchapter, shall have the following meanings unless the context clearly indicates otherwise.
"Bank" means a bank as defined in 17:9A-1(1), a savings bank as defined in 17:9A-1(13) and a State association as defined in 17:12B-5(1).
"Commissioner" means the Commissioner of the Department of Banking and Insurance.
"Department" means the Department of Banking and Insurance.
"General obligation of any state or any political subdivision thereof" means an obligation supported by the full faith and credit of an obligor possessing general powers of taxation, including property taxation. It includes an obligation payable from a special fund or by an obligor possessing general powers of taxation when an obligor possessing general powers of taxation, including property taxation, has unconditionally promised to make payments into the fund or otherwise available for the payment of the obligation of amounts which (together with any other funds available for the purpose) will be sufficient to provide for all required payments in connection with the obligation.
"Political subdivision of any state" means a county, city, town or other municipal corporation, a public authority, and generally and publicly owned entity which is an instrumentality of the state or of a municipal corporation.
N.J. Admin. Code § 3:11-1.2