17:12B-69. Loans to officers, directors, attorneys or employees
67 words·~1 min read·
/nj/title-17/chapter-12b/17-12b-69·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In accordance with rules and regulations promulgated by the Federal Savings and Loan Insurance Corporation, a State association may make or purchase any loan which it is otherwise authorized by law to make or purchase to or from any officer, director, attorney, employee, or any affiliated person of such State association.
L.1963, c. 144, s. 69. Amended by L.1981, c. 101, s. 2, eff. March 31, 1981.