17:9A-23.7 - Certain powers of banks not affected - New Jersey Statutes

17:9A-23.7.  Certain powers of banks not affected
    Nothing in this act shall impair the power of a bank or savings bank to purchase, hold, lease or convey real property or any interest therein pursuant to section 24(5) of the act to which this act is a supplement, nor shall anything in this act apply to or impair any other power which a bank or savings  bank may exercise under the act to which this act is a supplement, including  the power to provide facilities commonly known as drive-in or walk-up offices  which are physically attached to the principal office or a branch office of a  bank or savings bank, and which are accessible to such principal office or  branch office by a means which is within the sole control of the bank or  savings bank.

     L.1952, c. 179, p. 604, s. 7.