The provisions of this act shall become operative on December 1, 1970, but the commissioner may issue appropriate regulations in advance thereof. The provisions of P.L. 2009, c. 326(C.17:9-43.1 et al.), amending and supplementing the "Governmental Unit Deposit Protection Act," P.L. 1970, c.236 (C.17:9-41 et seq.), shall become operative on July 1, 2010, but the commissioner may issue appropriate regulations in advance thereof.
N.J.S. § 17:9-47