Pursuant to N.J.S.A. 18A:71B-44a, the assurance of the availability of principal shall only apply to qualified distributions from accounts wherein the investment manager is the Division of Investment in the Department of the Treasury. Qualified distributions are defined in accordance with N.J.S.A. 54A:6-25(c)(3).
N.J. Admin. Code § 9A:10-7.21
See: 35 New Jersey Register 1483(a), 35 New Jersey Register 3828(b).