New Jersey Statutes
§ 17:19-8 — Investment in project authorized
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Any insurance company of this state, in addition to other investments allowed by law, may invest its funds, to an aggregate amount not exceeding five per cent of its total admitted assets, in the purchase of real estate in any city of this state for the purpose of constructing thereon apartments, tenements or other dwelling houses, in the manner hereinafter provided.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 17:19-8 (Investment in project authorized) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
12
§ 17:19-10
Procedure after approval of application§ 17:19-11
Maximum rental fixed§ 17:19-12
Construction period§ 17:19-4
Acquiring property; condemnation§ 17:19-5
Conveyance of property to applicant§ 17:19-6
Completion of project§ 17:19-7
Disposal of property§ 17:19-8
Investment in project authorized