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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 14a:
Section: 17:14a-28: Bonding of directors, officers and employees; waiver
If a safe deposit company is unable to obtain the bond or bonds required by R.S. 17:14A-27, the commissioner may, in his discretion, waive the requirements of R.S. 17:14A-27 for a period of one year, upon terms as he may deem appropriate, that the company is adequately capitalized and that a waiver will not otherwise endanger the financial condition of the company.
L.1983, c. 566, s. 17:14A-28.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:14a-28 (if available):
Court decisions that cite this statute:
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