Section 17:16E-1 - Purpose

NJ Rev Stat § 17:16E-1 (2019) (N/A)
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17:16E-1. Purpose

The purpose of this act is to further fair competition among financial institutions by prohibiting certain interlocking relationships among institutions located in the same municipality, or in contiguous or adjacent municipalities.

L.1975, c. 265, s. 1, eff. Jan. 1, 1976.