52:18A-85 - Certain powers and duties of certain agencies transferred to Director of Division of Investment - New Jersey Statutes

52:18A-85.  Certain powers and duties of certain agencies transferred to Director of Division of Investment
    The functions, powers and duties vested by law in the following enumerated agencies:

    The Board of Trustees of the Public Employees' Retirement System;  the Board  of Trustees of the State Police Retirement System;  the Prison Officers'  Pension Commission;  the Board of Trustees of the Teachers' Pension and Annuity  Fund;  the Board of Trustees of the Police and Firemen's Retirement System of  New Jersey;  and the Consolidated Police and Firemen's Pension Fund Commission;   of, or relating to, investment or reinvestment of moneys of, and purchase,  sale or exchange of any investments or securities of or for any funds or  accounts under the control and management of such agencies, are hereby  transferred to and shall be exercised and performed for such agencies by the  Director of the Division of Investment established hereunder.

     L.1950, c. 270, p. 920, s. 7.  Amended by L.1954, c. 108, p. 580, s. 1. L.1966, c. 189, s. 2, eff. June 30, 1966;  L.1970, c. 57, s. 17, eff. May 18, 1970.