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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-46.6: Responsibility of officers

           Any officer acting in good faith under the provisions of this act shall be deemed to have exercised the discretion herein specifically conferred upon him to protect the property of the association and the welfare of the people involved in its operation.

L.1968, c. 150, s. 6, eff. July 12, 1968.



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






Older versions of 17:12b-46.6 (if available):



Court decisions that cite this statute: CLICK HERE.