New Jersey Revised Statutes § 42:3-12 - Loan Of Association's Credit, Name Or Capital

42:3-12. Loan of association's credit, name or capital
No limited partnership association shall loan its credit, its name or its capital to any of its members; but such loan may be made to any other person or association, with the consent in writing of a majority of the members in number and value of interest.


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Last modified: October 11, 2016