New Jersey Statutes
§ 17:52-21 — Loans prohibited
New Jersey § 17:52-21
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
This text of New Jersey § 17:52-21 (Loans prohibited) 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. § 17:52-21 (2026).
Text
No business development corporation shall make a loan to any of its officers or directors, or to any partnership of which such an officer or director is a member, or to any corporation in which any such officer or director has a controlling interest. L.1957, c. 218, p. 761, s. 21.
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Nearby Sections
15
§ 17:52-10
Concurrence by banking advisory board§ 17:52-11
Beginning of corporate existence§ 17:52-12
Powers§ 17:52-13
Directors§ 17:52-14
Members; qualifications§ 17:52-15
Members; obligations§ 17:52-16
Members; termination of membership§ 17:52-18
Banks and trust companies; powers§ 17:52-19
Other corporations; powers§ 17:52-20
Limitations on indebtedness§ 17:52-21
Loans prohibited§ 17:52-22
ReportsCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 17:52-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A52-21.