New Jersey § 17:16L-2 Bank policy disclosure

New Jersey Statutes

§ 17:16L-2 — Bank policy disclosure

New Jersey § 17:16L-2

Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:16L-2 (Bank policy disclosure) 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. § 17:16L-2 (2026).

Text

Every banking institution shall provide a written disclosure to every deposit account holder on the effective date of this act and to every applicant for a deposit account, describing the institution's policy with respect to when an account holder may draw against deposits, and shall notify in writing all of its deposit account holders of any change in the policy. All disclosures and notifications required by this act shall be made in a manner consistent with regulations promulgated by the commissioner. L. 1985, c. 370, s. 2.

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Every banking institution shall provide a written disclosure to every deposit account holder on the effective date of this act and to every applicant for a deposit account, describing the institution's policy with respect to when an account holder may draw against deposits, and shall notify in writing all of its deposit account holders of any change in the policy. All disclosures and notifications required by this act shall be made in a manner consistent with regulations promulgated by the commissioner. L. 1985, c. 370, s. 2.

Nearby Sections

3

§ 17:16L-1

Definitions

§ 17:16L-2

Bank policy disclosure

§ 17:16L-3

Penalty for violation

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Bluebook (online)

New Jersey § 17:16L-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A16L-2.