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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 52: Business development corporations; purposes
Section: 17:52-21: Loans prohibited
No business development corporation shall make a loan to any of its officers or directors, or to any partnership of which such an officer or director is a member, or to any corporation in which any such officer or director has a controlling interest.
L.1957, c. 218, p. 761, s. 21.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:52-21 (if available):
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