17:12B-24.2. Powers of out-of-State, State association
69 words·~1 min read·
/nj/title-17/chapter-12b/17-12b-24-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
93. a. An out-of-State association that opens, occupies or maintains a branch office in this State shall have in this State only the powers a State association has in this State.
b. A State association that owns, occupies or maintains a branch office outside this State shall have in that state such additional powers as permitted to associations chartered in the state in which the branch is located.
L.1996,c.17,s.93.