N.J. Stat. § 17:52-21

Current through L. 2024, c. 87.
Section 17:52-21 - Loans prohibited

No business development corporation shall make a loan to any of its officers or directors, or to any partnership of which such an officer or director is a member, or to any corporation in which any such officer or director has a controlling interest.

N.J.S. § 17:52-21

L.1957, c.218, p.761, s.21.