New Jersey Administrative Code|Section 17:4A-5.2 - Permissible investments

                                                
(a) Subject to the limitations contained in this subchapter, the Board, and, when appropriate, the Chief Investment Officer or the Investment Committee, may authorize the investment and reinvestment of the moneys of the eligible fund in United States Treasury obligations and government agency obligations, as well as Treasury receipts, certificates of accrual, collateralized mortgage obligations, or similar securities that evidence ownership of interest and/or principal of United States Treasury obligations and government agency obligations, provided that the Chief Investment Officer or the Investment Committee certify that the security being considered for purchase is qualitatively substantially identical to the United States Treasury obligations and government agency obligations that secure or otherwise support it.
(b) Prior to any commitment to purchase a government agency obligation, it shall be ascertained that the issuer is included on a list of government agencies maintained by the Chief Investment Officer or the Investment Committee that has been previously approved by the full Board.
N.J. Admin. Code § 17:4A-5.2
Adopted by 53 N.J.R. 1147(a), effective July 6, 2021