Section 17:13-77 - Charter; necessity of insurance

NJ Rev Stat § 17:13-77 (2019) (N/A)
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17:13-77. Charter; necessity of insurance

No credit union shall be granted a charter by the commissioner on or after the effective date of this act, unless the credit union has obtained a commitment for insurance of its member shares and deposit accounts.

L.1982, c. 86, s. 3, eff. July 23, 1982.