N.Y. Retirement & Social Security Law Section 177-A
Investment in certain conventional mortgages


Notwithstanding any provision contained in this chapter or any other general, special or local law or code to the contrary, within the limitations authorized for investment in conventional mortgages, the trustees of the fund may invest a part of its assets in first mortgages on real property located anywhere within the boundaries of the United States.

Source: Section 177-A — Investment in certain conventional mortgages, https://www.­nysenate.­gov/legislation/laws/RSS/177-A (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 177-A’s source at nysenate​.gov

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