N.J. Admin. Code § 17:16-61.4 - Valuation of investments

(a) Upon each valuation date, as provided in (b) below, there shall be a valuation for every investment in the State of New Jersey Cash Management Fund.

(b) The valuation of investments shall be determined at the opening of business on each business day, and shall be based on the assets as of the close of the previous business day.

(c) The valuation of investments shall be made in accordance with applicable accounting standards, using recognized industry pricing sources.

Notes

N.J. Admin. Code § 17:16-61.4

Amended by R.1980 d.235, effective 7/1/1980.
See: 12 N.J.R. 436(a).
Amended by R.2001 d.119, effective 4/2/2001.
See: 33 N.J.R. 372(b), 33 N.J.R. 1115(a).
Substituted "N.J.A.C. 17:16-61.9" for "section 9 of this subchapter".
Recodified from N.J.A.C. 17:16-61.7 and amended by R.2006 d.317, effective 9/5/2006.
See: 38 N.J.R. 2039(a), 38 N.J.R. 3632(a).
Section was "Valuation". Section combined with former N.J.A.C. 17:16-61.8, Date of valuation, and substantially amended. Former N.J.A.C. 17:16-61.4, Participating funds, repealed.
Amended by R.2014 d.038, effective 3/3/2014.
See: 45 N.J.R. 1477(a), 46 N.J.R. 442(a).
In (b), inserted "of investments", and substituted "the assets" for "realized gains or losses, accruals, and amortization"; and rewrote (c).