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