Home/New Jersey/Statutes/Title 17: CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE/§ 17:16E-1
New Jersey Statutes

§ 17:16E-1 — Purpose

New Jersey § 17:16E-1
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:16E-1 (Purpose) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 17:16E-1 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

Nearby Sections

7
§ 17:16E-1
Purpose
§ 17:16E-1.1
Compliance of bank, savings bank with prohibition on interlocking relationships
§ 17:16E-2
Definitions
§ 17:16E-3
Mutual directors, officers or managers of financial institutions in same, adjacent, or contiguous municipalities; prohibition
§ 17:16E-4
Rules and regulations; waiver of prohibition; determination of adjacent municipalities
§ 17:16E-5
Interlocking relationships existing prior to this act; termination
§ 17:16E-6
Bank holding companies and financial institutions with common ownership; inapplicability of act
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New Jersey § 17:16E-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A16E-1.