Section 17:12B-24.2 - Powers of out-of-State, State association

NJ Rev Stat § 17:12B-24.2 (2019) (N/A)
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17:12B-24.2. Powers of out-of-State, State association

93. a. An out-of-State association that opens, occupies or maintains a branch office in this State shall have in this State only the powers a State association has in this State.

b. A State association that owns, occupies or maintains a branch office outside this State shall have in that state such additional powers as permitted to associations chartered in the state in which the branch is located.

L.1996,c.17,s.93.