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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 16j:
Section: 17:16j-14: Foreign depositories; acquisition
Any state chartered depository may purchase or otherwise acquire one or more foreign depositories to the same extent and in the same manner that a federally chartered depository having its principal office in this State may purchase or otherwise acquire one or more foreign depositories. This acquisition shall be subject to the approval of the commissioner, who in so doing shall apply standards similar to those to be applied by the applicable federal regulatory authority in the event of acquisition by a federal depository.
L.1982, c. 8, s. 14, eff. March 4, 1982.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:16j-14 (if available):
Court decisions that cite this statute:
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