{"data":{"id":"us-nj/n.j.-stat.-17-24-31","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:24-31","heading":"Limits on permitted investments.","body":"4.\tNotwithstanding the provisions of R.S.17:24-1 to the contrary, an insurer may invest in an investment pool, however, an insurer shall not acquire an investment in an investment pool under this act if, as a result of and after giving effect to the investment, the aggregate amount of investments then held by the insurer:\na.\tn any one investment pool would exceed ten percent of its admitted assets; or\nb.\tIn all investment pools, investing in investments permitted under section 2 of this act, would exceed thirty-five percent of its admitted assets.\nL.1999,c.20,s.4.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"429383701725db6c3ebb442c38190c914637a7660c973ea40fc243d3c7cd0137","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-24-30","next":"us-nj/n.j.-stat.-17-24-32"},"notice":"GroundRules: Original legal text. Not legal advice."}