43:10-35 - Management of fund - New Jersey Statutes

43:10-35.  Management of fund
    The board of chosen freeholders of the county shall have the management and  control of the fund and may make all necessary rules and regulations concerning  the same not inconsistent with this article.  All moneys not needed for the  immediate payment of the pensions shall be invested by the board of chosen  freeholders in interest bearing bonds of any municipality in this state or in  any other interest bearing securities in which savings banks of this state may  invest their funds.