Statutes, codes, and regulations
New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRSChapter 37 - MUNICIPAL, COUNTY AND AUTHORITY EMPLOYEES DEFERRED COMPENSATION PLANS
Subchapter 9 - INVESTMENT POLICIES
Section 5:37-9.4 - Timing of investments

N.J. Admin. Code § 5:37-9.4

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Current through Register Vol. 57, No. 1, January 6, 2025
Section 5:37-9.4 - Timing of investments

All funds from amounts deferred other than those needed to pay benefits shall be invested by the plan manager or contractor responsible for investments within 72 hours, exclusive of Sundays and holidays, from the time the plan manager or contractor receives the funds or is notified that the funds are available for investment or is in any other manner aware that the amounts deferred have been made and are available for investment.

N.J. Admin. Code § 5:37-9.4

Amended by R.1999 d.58, effective 3/1/1999.
See: 30 New Jersey Register 3989(a), 31 New Jersey Register 673(b).
Substituted references to plan managers for references to administrators throughout.