N.J. Stat. § 17:16E-1.1

Current through L. 2024, c. 87.
Section 17:16E-1.1 - Compliance of bank, savings bank with prohibition on interlocking relationships

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.).

N.J.S. § 17:16E-1.1

L. 1997, c. 33, s. 25.