New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 16 - RULES OF THE STATE INVESTMENT COUNCIL
- Subchapter 1 - GENERAL PROVISIONS
- Subchapter 2 - RESERVED
- Subchapter 3 - CLASSIFICATION OF FUNDS
- Subchapter 4 - STATE INVESTMENT COUNCIL'S POLICY CONCERNING POLITICAL CONTRIBUTIONS AND PROHIBITIONS ON INVESTMENT MANAGEMENT BUSINESS
- Subchapter 5 - SECURITIES LENDING TRANSACTIONS
- Subchapter 6 THROUGH 10 - RESERVED
- Subchapter 11 - UNITED STATES TREASURY AND GOVERNMENT AGENCY OBLIGATIONS
- Subchapter 12 - GLOBAL DEBT OBLIGATIONS
- Subchapter 13 THROUGH 16 - RESERVED
- Subchapter 17 - STATE, MUNICIPAL, AND PUBLIC AUTHORITY OBLIGATIONS
- Subchapter 18 - RESERVED
- Subchapter 19 - COLLATERALIZED NOTES AND MORTGAGES
- Subchapter 20 - INTERNATIONAL GOVERNMENT AND AGENCY OBLIGATIONS
- Subchapter 21 THOUGH 22 - RESERVED
- Subchapter 23 - GLOBAL DIVERSIFIED CREDIT INVESTMENTS
- Subchapter 24 THROUGH 30 - RESERVED
- Subchapter 31 - COMMERCIAL PAPER
- Subchapter 32 - CERTIFICATES OF DEPOSIT
- Subchapter 33 - REPURCHASE AGREEMENTS
- Subchapter 34 THROUGH 36 - RESERVED
- Subchapter 37 - MONEY MARKET FUNDS
- Subchapter 38 THROUGH 39 - RESERVED
- Subchapter 40 - NON-CONVERTIBLE PREFERRED STOCKS
- Subchapter 41 - RESERVED
- Subchapter 42 - EQUITY INVESTMENTS (TRUST FUNDS)
- Subchapter 43 THROUGH 47 - RESERVED
- Subchapter 48 - GLOBAL EQUITY INVESTMENTS (PENSION AND ANNUITY FUNDS)
- Subchapter 49 THROUGH 57 - RESERVED
- Subchapter 58 - MORTGAGE-BACKED SENIOR DEBT SECURITIES; MORTGAGE-BACKED PASSTHROUGH SECURITIES
- Subchapter 59 THROUGH 60 - RESERVED
- Subchapter 61 - STATE OF NEW JERSEY CASH MANAGEMENT FUND
- Subchapter 62 THROUGH 64 - RESERVED
- Subchapter 65 - DEFERRED COMPENSATION PLAN
- Subchapter 66 THROUGH 67 - RESERVED
- Subchapter 68 - NEW JERSEY BETTER EDUCATIONAL SAVINGS TRUST (NJBEST) FUND
- Subchapter 69 - COMMON PENSION FUNDS
- Subchapter 70 - RESERVED
- Subchapter 71 - REAL ASSETS
- Subchapter 72 THROUGH 80 - RESERVED
- Subchapter 81 - FOREIGN CURRENCY TRANSACTIONS
- Subchapter 82 - FUTURES CONTRACTS
- Subchapter 83 - SWAP TRANSACTIONS
- Subchapter 84 - COVERED CALL OPTIONS
- Subchapter 85 - PUT OPTIONS
- Subchapter 86 THROUGH 89 - RESERVED
- Subchapter 90 - PRIVATE EQUITY
- Subchapter 91 THROUGH 94 - RESERVED
- Subchapter 95 - OPPORTUNISTIC INVESTMENTS
- Subchapter 96 THROUGH 99 - RESERVED
- Subchapter 100 - ABSOLUTE RETURN STRATEGY INVESTMENTS
CHAPTER SOURCE AND
EFFECTIVE DATE:
R.2021 d.123, effective September 30, 2021.
See: 53 N.J.R. 1135(a), 53 N.J.R. 1857(a).
CHAPTER HISTORICAL
NOTE:
Chapter 16, Rules of the State Investment Council, was adopted and
became effective prior to September 1, 1969.
Subchapter 3, Monthly
Report of Purchases, was adopted and became effective prior to September 1, 1969.
Subchapter 8, Corporate Securities--Industrial Obligations, was adopted
and became effective prior to September 1, 1969.
Subchapter 27,
Certificates of Deposit, was adopted and became effective prior to September 1,
1969.
Subchapter 29, Title II Federal Housing Administration Insured
Construction Mortgages; Multi-family, was adopted as R.1970 d.57. See: 2 N.J.R.
51(c).
Subchapter 31, State of New Jersey Cash Management Fund, and
Subchapter 32, Common Pension Fund A, were adopted as R.1971 d.17, effective
February 1, 1971. See: 3 N.J.R. 14(a), 3 N.J.R. 52(b).
Subchapter 33,
Community College Capital Projects Funding, was adopted as R.1971 d.175A, effective
October 1, 1971. See: 3 N.J.R. 183(d), 3 N.J.R. 235(a).
Subchapter 37,
Repurchase Agreements, was adopted as R.1974 d.36, effective February 14, 1974. See:
6 N.J.R. 125(a).
Subchapter 39, Bankers Acceptance, was adopted as
R.1974 d.263, effective September 24, 1974. See: 6 N.J.R. 415(b).
Subchapter 38, Common Pension Fund C, was adopted as R.1974 d.266, effective
September 24, 1974. See: 6 N.J.R. 416(c).
Subchapter 19, Title II
Section 203B Federal Housing Administration Mortgages, was adopted as R.1975 d.67,
effective March 14, 1975. See: 7 N.J.R. 180(d).
Subchapter 38, Common
Pension Fund C, was adopted as new rules by R.1978 d.615, effective December 2,
1985. See: 17 N.J.R. 2386(b), 17 N.J.R. 2914(b).
Subchapter 42, Covered
Call Options, and Subchapter 43, Mortgage Backed Securities were adopted as R.1979
d.307, effective August 9, 1979. See: 11 N.J.R. 475(c).
Subchapter 5,
Classification of Funds, was adopted as R.1983 d. 233, effective June 1, 1983. See:
15 N.J.R. 531(a), 15 N.J.R. 1038(d).
Pursuant to Executive Order No.
66(1978), Subchapter 39, Bankers Acceptance, was readopted as R.1983 d.283,
effective July 18, 1983. See: 15 N.J.R. 796(a), 15 N.J.R. 1182(d).
Pursuant to Executive Order No. 66(1978), Subchapter 32, Common Pension Fund A,
expired on January 17, 1984.
Pursuant to Executive Order No. 66(1978),
Subchapter 38, Common Pension Fund C, expired on January 17, 1984.
Pursuant to Executive Order No. 66(1978), Subchapter 37, Repurchase Agreements was
readopted as R.1984 d.261, filed June 13, 1984. See: 16 N.J.R. 1042(a), 16 N.J.R.
1808(a).
Pursuant to Executive Order No. 66(1978), Subchapter 31, State
of New Jersey Cash Management Fund, was readopted as R.1984 d.262, effective July 2,
1984. See: 16 N.J.R. 1041(a), 16 N.J.R. 1807(c).
Pursuant to Executive
Order No. 66(1978), Subchapter 42, Covered Call Options, was readopted as R.1984
d.383, filed August 13, 1984. See: 16 N.J.R. 1708(a), 16 N.J.R. 2378(b).
Pursuant to Executive Order No. 66(1978), Subchapter 43, Mortgage
Backed Securities, was readopted as R.1984 d.384, filed August 13, 1984. See: 16
N.J.R. 1709(a), 16 N.J.R. 2379(a).
Pursuant to Executive Order No.
66(1978), Subchapter 27, Certificates of Deposit, expired on October 31, 1984.
Pursuant to Executive Order No. 66(1978), Chapter 16, Rules of the
State Investment Council, was readopted, and Subchapter 27, Certificates of Deposit,
was adopted as R.1985 d.201, effective August 5, 1985. See: 17 N.J.R. 60(b), 17
N.J.R. 1907(c).
Subchapter 8, Corporate Securities--Industrial
Obligations, was repealed by R.1985 d.553, effective November 4, 1985. See: 17
N.J.R. 2093(b), 17 N.J.R. 2675(a).
Subchapter 38, Common Pension Fund
C, was repealed and a new Subchapter 38, Common Pension Fund C, was adopted as
R.1987 d.107, effective February 17, 1987. See: 18 N.J.R. 2438(a), 19 N.J.R. 380(b).
Subchapter 41, Loan Participation Notes, was adopted as R.1988 d.466,
effective October 3, 1988. See: 20 N.J.R. 1779(b), 20 N.J.R. 2467(c).
Subchapter 44, Deferred Compensation Plan, and Subchapter 46, Common Pension Fund D,
and Subchapter 47, International Government and Agency Obligations, and Subchapter
49, Purchase and Sale of International Currency, were adopted as R.1990 d.7,
effective January 2, 1990. See: 21 N.J.R. 3262(a), 22 N.J.R. 60(b).
Subchapter 43, Mortgage Backed Securities, was repealed and Subchapter 43,
Mortgage-Backed Securities; Private Pass-Through, was adopted as new rules by R.1990
d.305, effective June 18, 1990. See: 22 N.J.R. 1043(a), 22 N.J.R. 1945(a).
Subchapter 21, Bank Debentures, was adopted as R.1990 d.306. See: 22
N.J.R. 1043(b), 22 N.J.R. 1945(b).
Subchapter 45, Real Estate Equity,
was adopted as R.1990 d.307, effective June 18, 1990. See: 22 N.J.R. 1044(b), 22
N.J.R. 1945(c).
The Executive Order No. 66(1978) expiration date of
Chapter 16, Rules of the State Investment Council, was extended by gubernatorial
directive from December 2, 1990 to May 2, 1991. See: 23 N.J.R. 26(a).
Subchapter 1, Definitions, was repealed by R.1991 d.274, effective June 3, 1991.
See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 2, Amortization
Procedures, was repealed by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R.
983(a), 23 N.J.R. 1800(b).
Subchapter 3, Monthly Report of Purchases,
was repealed and a new Subchapter 3, Classification of Funds, was recodified from
N.J.A.C. 17:16-5by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23
N.J.R. 1800(b).
Subchapter 4, Investment Control, was repealed by
R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 5, Classification of Funds, was recodified to N.J.A.C.
17:16-3by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R.
1800(b).
Subchapter 6, United States Treasury and Government Agency
Obligations, was recodified to N.J.A.C. 17:16-11by R.1991 d.274, effective June 3,
1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 7, Corporate
Obligations, was recodified to N.J.A.C. 17:16-12by R.1991 d.274, effective June 3,
1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 9, Finance
Companies--Senior Debt, was repealed by R.1991 d.274, effective June 3, 1991. See:
23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 10, Title 11 Federal
Housing Administration Mortgages, was recodified to N.J.A.C. 17:16-55by R.1991
d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 11, New Jersey State and Municipal General Obligations, was
recodified to N.J.A.C. 17:16-17 and Subchapter 11, United States Treasury and
Government Agency Obligations, was recodified from N.J.A.C. 17:16-6by R.1991 d.274,
effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 12, Public Authority Revenue Obligations, was recodified to N.J.A.C.
17:16-18 and Subchapter 12, Corporate Obligations, was recodified from N.J.A.C.
17:16-7by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R.
1800(b).
Subchapter 13, Commercial Paper, was recodified to N.J.A.C.
17:16-31by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R.
1800(b).
Subchapter 14, International Bank for Reconstruction and
Development, was repealed and Subchapter 14, Finance Companies; Senior Debt, was
adopted as new rules by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a),
23 N.J.R. 1800(b).
Subchapter 15, Capehart Mortgages, was repealed and
Subchapter 15, Bank Debentures, was adopted as new rules by R.1991 d.274, effective
June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 16,
United States Government Insured Merchant Marine Bonds, was repealed and Subchapter
16, Canadian Obligations, was recodified from N.J.A.C. 17:16-23by R.1991 d.274,
effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 17, Common and Preferred Stock and Issues Convertible into Common Stock,
was recodified to N.J.A.C. 17:16-41 and Subchapter 17, New Jersey State and
Municipal Government Obligations, was recodified from N.J.A.C. 17:16-11by R.1991
d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 18, Inter-American Development Bank, was repealed and
Subchapter 18, Public Authority Revenue Obligations, was recodified from N.J.A.C.
17:16-12by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R.
1800(b).
Subchapter 19, Title II Section 203(B) Federal Housing
Administration Mortgages, was repealed and a new Subchapter 19, Collateralized Notes
and Mortgages, was recodified from N.J.A.C. 17:16-40by R.1991 d.274, effective June
3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 20, Title
III Section 501(B) Veterans Administrative Mortgages, was repealed and a new
Subchapter 20, International Government and Agency Obligations, was recodified from
N.J.A.C. 17:16-47by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23
N.J.R. 1800(b).
Subchapter 21, Bank Debentures, was repealed and a new
Subchapter 21, U.S. Treasury Futures Contracts, was recodified from N.J.A.C.
17:16-50by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R.
1800(b).
Subchapter 22, Common Stocks and Convertible Securities, was
recodified to N.J.A.C. 17:16-42by R.1991 d.274, effective June 3, 1991. See: 23
N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 23, Canadian Obligations,
was recodified to N.J.A.C. 17:16-16by R.1991 d.274, effective June 3, 1991. See: 23
N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 24, United States
Government Obligations, was repealed by R.1991 d.274, effective June 3, 1991. See:
23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 25, Three-party
Agreements; United States Government, was repealed by R.1991 d.274, effective June
3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 26,
Three-party Agreements; Corporate, was repealed by R.1991 d.274, effective June 3,
1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 27,
Certificates of Deposit, was recodified to N.J.A.C. 17:16-32by R.1991 d.274,
effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 28, Title II Federal Housing Administration--Insured Mortgages;
Multifamily, was recodified to N.J.A.C. 17:16-53by R.1991 d.274, effective June 3,
1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 29, Title II
Federal Housing Administration Insured Construction Mortgages; Multifamily, was
recodified to N.J.A.C. 17:16-54by R.1991 d.274, effective June 3, 1991. See: 23
N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 30, Minimum Legal
Requirements, was repealed by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R.
983(a), 23 N.J.R. 1800(b).
Subchapter 31, State of New Jersey Cash
Management Fund, was recodified to N.J.A.C. 17:16-61 and Subchapter 31, Commercial
Paper, was recodified from N.J.A.C. 17:16-13by R.1991 d.274, effective June 3, 1991.
See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 32, Common Pension
Fund A, was recodified to N.J.A.C. 17:16-62 and Subchapter 32, Certificates of
Deposit, was recodified from N.J.A.C. 17:16-27by R.1991 d.274, effective June 3,
1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 33,
Community College Capital Projects Funding, was repealed and a new Subchapter 33,
Repurchase Agreements, was recodified from N.J.A.C. 17:16-37by R.1991 d.274,
effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 34, Rule on Investment of Proceeds of Bonds for School Building
Construction, was repealed and a new Subchapter 34, Bankers Acceptance, was
recodified from N.J.A.C. 17:16-39by R.1991 d.274, effective June 3, 1991. See: 23
N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 35, Loan Participation
Notes, was recodified from N.J.A.C. 17:16-41by R.1991 d.274, effective June 3, 1991.
See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 36, Common Pension
Fund B, was recodified to N.J.A.C. 17:16-63by R.1991 d.274, effective June 3, 1991.
See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 37, Repurchase
Agreements, was recodified to N.J.A.C. 17:16-33by R.1991 d.274, effective June 3,
1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 38, Common
Pension Fund C, was repealed by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R.
983(a), 23 N.J.R. 1800(b).
Subchapter 39, Bankers Acceptance, was
recodified to N.J.A.C. 17:16-34by R.1991 d.274, effective June 3, 1991. See: 23
N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 40, Collateralized Notes
and Mortgages, was recodified to N.J.A.C. 17:16-19by R.1991 d.274, effective June 3,
1991. See: 3 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 41, Loan
Participation Notes, was recodified to N.J.A.C. 17:16-35 and Subchapter 41, Common
and Preferred Stock and Issues Convertible into Common Stock, was recodified from
N.J.A.C. 17:16-17by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23
N.J.R. 1800(b).
Subchapter 42, Covered Call Options, was recodified
from N.J.A.C. 17:16-43 and Subchapter 42, Common Stocks and Convertible Securities,
was recodified from N.J.A.C. 17:16-22by R.1991 d.274, effective June 3, 1991. See:
23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 43, Mortgage-Backed
Securities; Private Pass-Through, was recodified to N.J.A.C. 17:16-58 and Subchapter
43, Covered Call Options, was recodified from N.J.A.C. 17:16-42by R.1991 d.274,
effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 44, Deferred Compensation Plan, was recodified to N.J.A.C. 17:16-65 and
Subchapter 44, Common and Preferred Stocks and Issues Convertible into Common Stock
of International Corporations, was recodified from N.J.A.C. 17:16-48by R.1991 d.274,
effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 45, Real Estate Equity, was recodified to N.J.A.C. 17:16-71 and
Subchapter 45, Covered Put Options, was recodified from N.J.A.C. 17:16-52by R.1991
d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 46, Common Pension Fund D, was recodified to N.J.A.C.
17:16-67by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R.
1800(b).
Subchapter 47, International Government and Agency
Obligations, was recodified to N.J.A.C. 17:16-20by R.1991 d.274, effective June 3,
1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 48, Common
and Preferred Stock and Issues Convertible into Common Stock of International
Corporations, was recodified to N.J.A.C. 17:16-44by R.1991 d.274, effective June 3,
1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 49, Purchase
and Sale of International Currency, was recodified to N.J.A.C. 17:16-81by R.1991
d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 50, U.S. Treasury Futures Contracts, was recodified to
N.J.A.C. 17:16-21by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23
N.J.R. 1800(b).
Subchapter 52, Covered Put Options, was recodified to
N.J.A.C. 17:16-45by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23
N.J.R. 1800(b).
Subchapter 53, Title II Federal Housing
Administration--Insured Mortgages; Multi-family, was recodified from N.J.A.C.
17:16-28by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R.
1800(b).
Subchapter 54, Title II Federal Housing Administration Insured
Construction Mortgages; Multifamily, was recodified from N.J.A.C. 17:16-29by R.1991
d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 55, Title II Federal Housing Administration Mortgages, was
recodified from N.J.A.C. 17:16-10by R.1991 d.274, effective June 3, 1991. See: 23
N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 58, Mortgage-Backed
Securities; Private Pass-Through, was recodified from N.J.A.C. 17:16-43by R.1991
d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 61, State of New Jersey Cash Management Fund, was recodified
from N.J.A.C. 17:16-31by R.1991 d.274, effective June 3, 1991. See: 23 N.J.R.
983(a), 23 N.J.R. 1800(b).
Subchapter 62, Common Pension Fund A, was
recodified from N.J.A.C. 17:16-32by R.1991 d.274, effective June 3, 1991. See: 23
N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 63, Common Pension Fund B,
was recodified from N.J.A.C. 17:16-36by R.1991 d.274, effective June 3, 1991. See:
23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 65, Deferred
Compensation Plan, was recodified from N.J.A.C. 17:16-44by R.1991 d.274, effective
June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 67,
Common Pension Fund D, was recodified from N.J.A.C. 17:16-46by R.1991 d.274,
effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 71, Real Estate Equity, was recodified from N.J.A.C. 17:16-45by R.1991
d.274, effective June 3, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 81, Purchase and Sale of International Currency, was
recodified from N.J.A.C. 17:16-49by R.1991 d.274, effective June 3, 1991. See: 23
N.J.R. 983(a), 23 N.J.R. 1800(b).
Pursuant to Executive Order No.
66(1978), Chapter 16, Rules of the State Investment Council, was readopted as R.1991
d.274, effective May 2, 1991. See: 23 N.J.R. 983(a), 23 N.J.R. 1800(b).
Subchapter 36, Guaranteed Income Contracts, was adopted as R.1991 d.387, effective
August 5, 1991. See: 23 N.J.R. 1776(a), 23 N.J.R. 2344(b).
Pursuant to
Executive Order No. 66(1978), Chapter 16, Rules of the State Investment Council, was
readopted as R.1996 d.222, effective April 15, 1996. See: 28 N.J.R. 1366(a), 28
N.J.R. 2397(a).
Subchapter 68, New Jersey Better Educational Savings
Trust (NJBEST) Fund, was adopted as R.1998 d.552, effective November 16, 1998. See:
30 N.J.R. 3167(a), 30 N.J.R. 4064(a).
Subchapter 46, Common and
Preferred Stocks and Issues Convertible Into Common Stock of International
Corporations in Emerging Markets, was adopted as R.2000 d.373, effective September
18, 2000. See: 32 N.J.R. 2584(b), 32 N.J.R. 3455(b).
Pursuant to
Executive Order No. 66(1978), Chapter 16, Rules of the State Investment Council, was
readopted as R.2001 d.119, effective March 9, 2001, and Subchapter 35, Loan
Participation Notes, was repealed by R.2001 d.119, effective April 2, 2001. See: 33
N.J.R. 372(b), 33 N.J.R. 1115(a).
Subchapter 22, Fixed Income
Exchange-Traded Funds, was adopted as R.2003 d.330, effective August 4, 2003. See:
35 N.J.R. 1869(a), 35 N.J.R. 3605(b).
Subchapter 37, Money Market
Funds, was adopted as R.2003 d.331, effective August 4, 2003. See: 35 N.J.R.
1870(a), 35 N.J.R. 3606(a).
Subchapter 47, Equity Futures Contracts,
was adopted as R.2003 d.334, effective August 4, 2003. See: 35 N.J.R. 1872(b), 35
N.J.R. 3607(b).
Subchapter 4, State Investment Council's Policy
Concerning Political Contributions and Prohibitions on Investment Management
Business, was adopted as new rules by R.2005 d.123, effective April 18, 2005. See:
36 N.J.R. 4695(a), 37 N.J.R. 1223(a).
Subchapter 69, Common Pension
Fund E, was adopted as new rules by R.2005 d.201, effective June 20, 2005. See: 37
N.J.R. 575(a), 37 N.J.R. 2217(a).
Subchapter 71, Real Estate Equity,
was repealed and Subchapter 71, Real Assets, was adopted as new rules by R.2005
d.202, effective June 20, 2005. See: 37 N.J.R. 577(a), 37 N.J.R. 2220(a).
Subchapter 90, Private Equity, was adopted as new rules by R.2005
d.203, effective June 20, 2005. See: 37 N.J.R. 579(a), 37 N.J.R. 2222(a).
Subchapter 100, Absolute Return Strategy Investments, was adopted as
new rules by R.2005 d.204, effective June 20, 2005. See: 37 N.J.R. 580(a), 37 N.J.R.
2223(a).
Subchapter 46, Common and Preferred Stocks and Issues
Convertible Into Common Stock of International Corporations In Emerging Markets and
Global, Regional or Country Funds, was renamed Common and Preferred Stocks and
Issues Convertible Into Common Stock of International Corporations and Global,
Regional or Country Funds In Emerging Markets by R.2006 d.259, effective July 17,
2006. See: 38 N.J.R. 1410(a), 38 N.J.R. 3065(a).
Chapter 16, Rules of
the State Investment Council, was readopted as R.2006 d.317, effective August 7,
2006. As a part of R.2006 d.317, Subchapter 1, General Provisions and Subchapter 13,
Interest Rate Swap Transactions, were adopted as new rules; Subchapter 14, Finance
Companies--Senior Debt, was renamed Finance Company Debt; Subchapter 16, Canadian
Obligations, was renamed International Corporate Obligations; Subchapter 36,
Guaranteed Income Contracts, was renamed Guaranteed Income Contracts and Funding
Agreements; and Subchapter 41, U.S. Common and Preferred Stocks and Issues
Convertible Into Common Stocks and Exchange-Traded Funds, was renamed Common and
Preferred Stocks and Issues Convertible Into Common Stock of U.S. Corporations and
U.S. Exchange-Traded Funds; Subchapter 44, Common and Preferred Stocks and Issues
Convertible into Common Stock of International Corporations and International Equity
Exchange-Traded Funds, was renamed Common and Preferred Stocks and Issues
Convertible into Common Stock of International Corporations and International
Exchange-Traded Funds; Subchapter 46, Common and Preferred Stocks and Issues
Convertible into Common Stock of International Corpora in Emerging Markets and
Global, Regional or Country Funds, was renamed Common and Preferred Stocks and
Issues Convertible into Common Stock of International Corporations and Global,
Regional or Country Funds in Emerging Markets; Subchapter 55, Title II Federal
Housing Administration Hospital Mortgages, was renamed Title II Federal Housing
Administration Insured Hospital Mortgages; Subchapter 58, Mortgage Backed
Securities-Private Passthrough, was renamed Mortgage Backed Senior Debt Securities;
Mortgage Backed Passthrough Securities; Subchapter 81, Purchase and Sale of
International Currency, was renamed Foreign Exchange Contracts, effective September
5, 2006. See: 38 N.J.R. 2039(a), 38 N.J.R. 3632(a).
Subchapter 2,
Engagement of External Investment Managers, was adopted as new rules by R.2007
d.164, effective May 21, 2007. See: 39 N.J.R. 179(a), 39 N.J.R. 2137(a).
Subchapter 46, Common and Preferred Stocks and Issues Convertible Into
Common Stock of International Corporations and Global, Regional or Country Funds In
Emerging Markets, was renamed Common and Preferred Stocks and Issues Convertible
Into Common Stock of International Corporations and Exchange-Traded, Global,
Regional or Country Funds In Emerging Markets by R.2007 d.259, effective August 20,
2007. See: 39 N.J.R. 1465(a), 39 N.J.R. 3549(a).
Subchapter 14, Finance
Company Debt, was repealed by R.2008 d.384, effective December 15, 2008. See: 40
N.J.R. 4685(a), 40 N.J.R. 6994(b).
Subchapter 15, Bank Debentures, was
repealed by R.2008 d.385, effective December 15, 2008. See: 40 N.J.R. 4685(b), 40
N.J.R. 6994(c).
Subchapter 23, Bank Loans, was adopted as new rules by
R.2008 d.388, effective December 15, 2008. See: 40 N.J.R. 4687(a), 40 N.J.R.
6995(c).
Subchapter 24, Credit Default Swap Transactions, was adopted
as new rules by R.2008 d.389, effective December 15, 2008. See: 40 N.J.R. 4688(a),
40 N.J.R. 6996(a).
Subchapter 40, Non-Convertible Preferred Stocks of
U.S. Corporations, was adopted as new rules by R.2008 d.390, effective December 15,
2008. See: 40 N.J.R. 4689(a), 40 N.J.R. 6997(a).
Subchapter 41, Common
and Preferred Stocks and Issues Convertible into Common Stock of U.S. Corporations
and U.S. Exchange-Traded Funds, was renamed Common and Preferred Stocks and Debt
Issues Convertible into Common Stock of U.S. Corporations and U.S. Exchange-Traded
Funds by R.2008 d.391, effective December 15, 2008. See: 40 N.J.R. 4690(a), 40
N.J.R. 6998(a).
Subchapter 44, Common and Preferred Stocks and Issues
Convertible into Common Stock of International Corporations and International
Exchange-Traded Funds, was renamed Common and Preferred Stocks and Debt Issues
Convertible into Common Stock of International Corporations and International
Exchange-Traded Funds by R.2008 d.392, effective December 15, 2008. See: 40 N.J.R.
4692(a), 40 N.J.R. 6998(b).
Subchapter 46, Common and Preferred Stocks
and Issues Convertible into Common Stock of International Corporations and
Exchange-Traded, Global, Regional or Country Funds in Emerging Markets, was renamed
Common and Preferred Stocks and Debt Issues Convertible into Common Stock of
International Corporations and Exchange-Traded, Global, Regional or Country Funds in
Emerging Markets by R.2008 d.393, effective December 15, 2008. See: 40 N.J.R.
4693(a), 40 N.J.R. 6999(a).
Subchapter 17, New Jersey State and
Municipal General Obligations, was renamed State and Municipal General Obligations
by R.2009 d.316, effective October 19, 2009. See: 41 N.J.R. 2635(a), 41 N.J.R.
3959(a).
Subchapter 2, Engagement of External Investment Managers, was
repealed by R.2010 d.120, effective June 21, 2010. See: 41 N.J.R. 4423(a), 42 N.J.R.
1247(a).
Subchapter 45, Covered Put Options, was renamed Put Options by
R.2011 d.223, effective August 15, 2011. See: 43 N.J.R. 1242(a), 43 N.J.R. 2193(a).
Subchapter 12, Corporate Obligations, was renamed Corporate Obligations
of U.S. Based Corporations by R.2013 d.023, effective February 19, 2013. See: 44
N.J.R. 2277(a), 45 N.J.R. 346(a).
Subchapter 23, Bank Loans, was
renamed Global Diversified Credit Investments by R.2013 d.027, effective February
19, 2013. See: 44 N.J.R. 2282(a), 45 N.J.R. 348(c).
Subchapter 44,
Common and Preferred Stocks and Debt Issues Convertible Into Common Stock of
International Corporations and International Exchange-Traded Funds, was renamed
Common and Preferred Stocks and Debt Issues Convertible Into Common Stock of
Corporations Based in International Developed Market Countries and Exchange-Traded
Funds, Global, Regional, or Country Funds Which Invest in International Developed
Markets by R.2013 d.030, effective February 19, 2013. See: 44 N.J.R. 2286(a), 45
N.J.R. 350(b).
Subchapter 46, Common and Preferred Stocks and Debt
Issues Convertible into Common Stock of International Corporations and
Exchange-Traded, Global, Regional or Country Funds in Emerging Markets, was renamed
Common and Preferred Stocks and Debt Issues Convertible Into Common Stock of
International Corporations Based in Emerging Market Countries and Exchange-Traded,
Global, Regional, or Country Funds Which Invest in Emerging Markets by R.2013 d.031,
effective February 19, 2013. See: 44 N.J.R. 2287(a), 45 N.J.R. 350(c).
In accordance with N.J.S.A. 52:14B-5.1b, Chapter 16, Rules of the State Investment
Council, was scheduled to expire on August 7, 2013. See: 43 N.J.R. 1203(a).
In accordance with N.J.S.A. 52:14B-5.1b, Subchapter 34, Bankers
Acceptance, Subchapter 36, Guaranteed Income Contacts and Funding Agreements,
Subchapter 53, Title II Federal Housing Administration Insured
Mortgages--Multi-Family, Subchapter 54, Title II Federal Housing Administration
Insured Construction Mortgages--Multi-Family, and Chapter 55, Title II Federal
Housing Administration Insured Hospital Mortgages, expired on August 7, 2013. See:
43 N.J.R. 1203(a).
Chapter 16, Rules of the State Investment Council,
was readopted as R.2014 d.038, effective February 3, 2014. As a part of R.2014
d.038, Subchapter 5, Securities Lending Transactions, Subchapter 48, Global Equity
Investments (Pension and Annuity Funds), Subchapter 82, Futures Contracts,
Subchapter 83, Swap Transactions, and Subchapter 95, Opportunistic Investments, were
adopted as new rules; Subchapter 12, Corporate Obligations of U.S. Based
Corporations, was renamed Global Debt Obligations; Subchapter 17, State and
Municipal General Obligations, was renamed State, Municipal, and Public Authority
Obligations; Subchapter 40, Non-convertible Preferred Stocks of U.S. Corporations,
was renamed Non-convertible Preferred Stocks; Subchapter 42, Common Stocks and
Issues Convertible Into Common Stocks (Trust Funds), was renamed Equity Investments
(Trust Funds); Subchapter 58, Mortgage Backed Senior Debt Securities; Mortgage
Backed Passthrough Securities, was renamed Mortgage-Backed Senior Debt Securities;
Mortgage-Backed Passthrough Securities; Subchapter 69, Common Pension Fund E, was
renamed Common Pension Funds; and Subchapter 81, Foreign Exchange Contracts, was
renamed Foreign Currency Transactions; Subchapter 13, Interest Rate Swap
Transactions, Subchapter 16, International Corporate Obligations, Subchapter 18,
Public Authority Revenue Obligations, Subchapter 21, U.S. Treasury Futures
Contracts, Subchapter 22, Fixed Income Exchange-Traded Funds, Subchapter 24, Credit
Default Swap Transactions, Subchapter 41, Common and Preferred Stocks and Debt
Issues Convertible Into Common Stock of U.S. Corporations and U.S. Exchange-Traded
Funds, Subchapter 44, Common and Preferred Stocks and Debt Issues Convertible Into
Common Stock of Corporations Based In International Developed Market Countries and
Exchange-Traded Funds, Global, Regional, or Country Funds Which Invest In
International Developed Markets, Subchapter 46, Common and Preferred Stocks and Debt
Issues Convertible Into Common Stock of International Corporations Based In Emerging
Market Countries and Exchange-Traded, Global, Regional, or Country Funds Which
Invest In Emerging Markets, Subchapter 47, Equity Futures Contracts, Subchapter 62,
Common Pension Fund A, Subchapter 63, Common Pension Fund B, and Subchapter 67,
Common Pension Fund D, were repealed; and Subchapter 43, Covered Call Options, was
recodified to Subchapter 84 and Subchapter 45, Put Options, was recodified to
Subchapter 85, effective March 3, 2014. See: 45 N.J.R. 1477(a), 46 N.J.R. 442(a).
Chapter 16, Rules of the State Investment Council, was readopted as
R.2021 d.123, effective September 30, 2021. As a part of R.2021 d.123, Subchapter
23, Global Diversified Credit Investments, was renamed Private Credit Investments,
effective November 1, 2021. See: Source and Effective Date. See, also, section
annotations.
CHAPTER AUTHORITY:
N.J.S.A. 52:18A-91.