N.J. Stat. § 42:3-12

Current through L. 2024, c. 87.
Section 42:3-12 - Loan of association's credit, name or capital

No limited partnership association shall loan its credit, its name or its capital to any of its members; but such loan may be made to any other person or association, with the consent in writing of a majority of the members in number and value of interest.

N.J.S. § 42:3-12