17:12B-288. Insurance required for charter
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/nj/title-17/chapter-12b/17-12b-288·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No state association shall be granted a charter by the commissioner on or after the effective date of this act, unless the state association has obtained a commitment for insurance of its accounts by the Federal Savings and Loan Insurance Corporation.
L. 1987, c. 225, s. 8.