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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 12b: Construction as revision of prior laws

      Section: 17:12b-24.2: Powers of out-of-State, State association

           93. a. An out-of-State association that opens, occupies or maintains a branch office in this State shall have in this State only the powers a State association has in this State.

b. A State association that owns, occupies or maintains a branch office outside this State shall have in that state such additional powers as permitted to associations chartered in the state in which the branch is located.

L.1996,c.17,s.93.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17:12b-24.2 (if available):



Court decisions that cite this statute: CLICK HERE.