N.J. Admin. Code § 3:1-19.5

Current through Register Vol. 56, No. 19, October 7, 2024

Section 3:1-19.5 - Consumer information requirements

(a) A depository institution that is required by 17:16N-3 to offer a New Jersey Consumer Checking Account shall provide reasonable in-person information and assistance to customers regarding New Jersey Consumer Checking Accounts generally, and related financial services.

(b) A depository institution that is required by 17:16N-3 to offer a New Jersey Consumer Checking Account shall post in a conspicuous place in the lobby of each office of the depository institution a sign and make printed material available in the public area which indicates that the office offers New Jersey Consumer Checking Accounts. The notice and printed material shall explain the significant features and limitations of such an account. A depository institution may identify its New Jersey Consumer Checking account by any name, provided that it also indicates conspicuously that the account is a "New Jersey Consumer Checking Account."

Amended by R.2001 d.112, effective 4/2/2001.
See: 33 New Jersey Register 213(a), 33 New Jersey Register 1087(a).
In (b), inserted "printed" preceding "material" in the first and second sentences, and substituted "significant" for "material" in the second sentence; substituted "N.J.S.A. 17:16N-3" for "P.L. 1991, c.210" and "that" for "which" throughout.