The following institutions are approved as depositories for investments comprising security funds created pursuant to 17:9A-31: banks, savings banks and national banking associations having a principal or a branch office in New Jersey having total capital stock and surplus of at least $ 2,000,000 which are authorized to do a fiduciary business.
N.J. Admin. Code § 3:6-2.1
See: 10 New Jersey Register 527(b), 11 New Jersey Register 58(b).
Amended by R.2001 d.203, effective 6/18/2001.
See: 33 New Jersey Register 926(a), 33 New Jersey Register 2079(c).
Rewrote the section.