New Jersey Revised Statutes § 17:16e-1.1 - Compliance Of Bank, Savings Bank With Prohibition On Interlocking Relationships

17:16E-1.1. Compliance of bank, savings bank with prohibition on interlocking relationships

25. Any bank or savings bank that is in compliance with the federal "Depository Institution Management Interlocks Act," 12 U.S.C. s.3201 et seq. and the federal regulations effectuating that act, 12 C.F.R. s.348, is deemed to be in compliance with the provisions of sections 1 through 6 of P.L.1975, c.265 (C.17:16E-1 et seq.).


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Last modified: October 11, 2016