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9. All functions, powers and duties relating to the investment or reinvestment of funds within the jurisdiction of the board of trustees, including the purchase, sale or exchange of any investments or securities, may be exercised and performed by the Director of the Division of Investment in the Department of the Treasury in accordance with the provisions of P.L.1950, c.270 (C.52:18A-79 et seq.) if so authorized by the board. Sections 10 and 11 of P.L.1986, c.42 (C.18A:64-18.3 and 18A:64-18.4) shall only be applicable in the event of such an election. Before any investment, reinvestment, purchase, sale or exchange shall be made by the director for or on behalf of the board of trustees, the Director of the Division of Investment shall submit the details thereof to the board, which shall, itself or by its finance committee, within 48 hours, exclusive of Sundays and public holidays, after the submission to it, file with the director its written acceptance or rejection of the proposed investment, reinvestment, purchase, sale or exchange; and the director shall have authority to make the investment, reinvestment, purchase, sale or exchange for or on behalf of the board, unless there shall have been filed with him a written rejection thereof by the board or its finance committee as herein provided. The board of trustees shall determine from time to time the cash requirements of the various funds and accounts established by it and the amount available for investment, all of which shall be certified to the State Treasurer and the Director of the Division of Investment. All earnings on investments shall be retained by each State college.
The finance committee of the board of trustees shall consist of three members of the board, who shall be appointed in the same manner and for the same term as other committees of the board are appointed.
L.1986,c.42,s.9; amended 1994,c.48,s.299.
Jun 29, 2023
Active
Essex County
Essex County, NJ
MER L 000825-15 06/11/2015 Pg 1 of3 Trans ID: LCV2017360178 SAL ) STEVENS & LEE 100 Lenox Drive, Suite 200 Lawrenceville, NJ 08648 …
Apr 14, 2015
Closed
Mercer County, NJ
Jun 11, 2015
Paul Innes
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Jun 23, 2022
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OCN L 003482-17 01/29/2018 Pg 1 of 7 Trans ID: LCV2018173418 Steven Secare, Esq., Attorney I.D. No.: 279471972 JAN 7 ay i" SECARE & HENSEL 16 Madison Avenue Toms River, New Jersey 08753 (732) 349-2800 Attorneys for Defendants Township of Lakewood and Township Committee of the Township of Lakewood NEW JERSEY SHORE BUILDERS SUPERIOR COURT OF NEW JERSEY ASSOCIATION, A Non-Profit New Jersey LAW DIVISION…
MID-L-005421-23 09/26/2023 3:36:34 PM Pglof7 Trans ID: LCV20232949949 Tan 2. Winograd - 041302016 PRESSLER, FELT & WARSHAW, LLP Debit Acct # 140275 Attorneys At Law Using reference # 231834767 7 Entin Rd. Parsippany, NJ …
MON-L-002067-23 07/03/2023 11:27:23 AM Pglof7 Trans ID: LCV20231995286 Patrick Wong - 235902019 PRESSLER, FELT & WARSHAW, LLP Debit Acct # 140275 Attorneys At Law Using reference # 231291346 7 Entin Rd. Parsippany, NJ …
Monmouth County, NJ
Jul 03, 2023
David A Nitti
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