§ 17:9A-330 — Violations; disabilities; penalties

A. A foreign bank shall not be entitled to maintain any action in any court of this State on any cause arising out of its transaction of business in this State in violation of the provisions of this article. B. A foreign bank which violates any of the provisions of this article and its directors, officers, agents and employees who participate in any such violation shall be guilty of a misdemeanor. L.1948, c. 67, p. 411, s. 330. Amended by L.1953, c. 17, p. 190, s. 55.