N.J. Stat. § 16:12-30: Reinvestments; securities in which funds may be invested

The corporation is also authorized to change investments and properties and to invest and reinvest all or any part of the fund in such securities, investments, or other property as to the said trustees shall seem advisable without being restricted to those classes of securities which are lawful for the investment of trust funds under the laws of this State.

L.1944, c. 139, p. 373, s. 5.