New Jersey § 17:16E-3 Mutual directors, officers or managers of financial institutions  in same, adjacent, or contiguous municipalities;  prohibition

New Jersey Statutes

§ 17:16E-3 — Mutual directors, officers or managers of financial institutions in same, adjacent, or contiguous municipalities; prohibition

New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

Except as otherwise provided in section 6 of this act no person who is a director, officer or manager of a financial institution which has a principal or branch office in a particular municipality shall serve as a director, officer or manager of another financial institution which has a principal or branch office in the same municipality or in a contiguous or adjacent municipality. L.1975, c. 265, s. 3, eff. Jan. 1, 1976.

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Except as otherwise provided in section 6 of this act no person who is a director, officer or manager of a financial institution which has a principal or branch office in a particular municipality shall serve as a director, officer or manager of another financial institution which has a principal or branch office in the same municipality or in a contiguous or adjacent municipality. L.1975, c. 265, s. 3, eff. Jan. 1, 1976.

New Jersey § 17:16E-3 (Mutual directors, officers or managers of financial institutions in same, adjacent, or contiguous municipalities; prohibition) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.