N.J. Stat. § 17:9A-73

Current through L. 2024, c. 87.
Section 17:9A-73 - Overdrafts

No bank shall permit a director, executive or other officer or employee of the bank or a corporation, or a partnership, to become liable to the bank by overdraft against a deposit account. This section shall not apply to extensions of credit made pursuant to "The Advance Loan Law of 1968," P.L. 1968, c. 64.

N.J.S. § 17:9A-73

L.1948, c.67, p.252, s.73; amended by L.1979, c.226, s.4, eff. 10/12/1979.