17:16E-1.1. Compliance of bank, savings bank with prohibition on interlocking relationships
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/nj/title-17/chapter-16e/17-16e-1-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
25. Any bank or savings bank that is in compliance with the federal "Depository Institution Management Interlocks Act," 12 U.S.C. s.3201 et seq. and the federal regulations effectuating that act, 12 C.F.R. s.348, is deemed to be in compliance with the provisions of sections 1 through 6 of P.L.1975, c.265 (C.17:16E-1 et seq.).
L.1997,c.33,s.25.