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NEW JERSEY STATUTES AND CODES
17:12B-62.1 - Association deemed in compliance with prohibition on interlocking relationships
17:12B-62.1. Association deemed in compliance with prohibition on interlocking relationships
27. Any association that is in compliance with the federal "Depository Institution Management Interlocks Act," 12 U.S.C. s.3201 et seq. and the federal regulations effectuating that act, 12 C.F.R. s.348, is deemed to be in compliance with the provisions of sections 1 through 6 of P.L.1975, c.265 (C.17:16E-1 et seq.).
L.1997,c.33,s.27.
27. Any association that is in compliance with the federal "Depository Institution Management Interlocks Act," 12 U.S.C. s.3201 et seq. and the federal regulations effectuating that act, 12 C.F.R. s.348, is deemed to be in compliance with the provisions of sections 1 through 6 of P.L.1975, c.265 (C.17:16E-1 et seq.).
L.1997,c.33,s.27.
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