17:12B-71. Restriction upon purchase of accounts
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/nj/title-17/chapter-12b/17-12b-71·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No officer, director, attorney or firm of attorneys or employee of any State association shall purchase any savings account or shares in such State association from any other person, directly or indirectly, for less than the withdrawal value thereof.
L.1963, c. 144, s. 71.