New Jersey Statutes
§ 17:52-25 — Business development corporation not deemed banking institution
New Jersey § 17:52-25
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
This text of New Jersey § 17:52-25 (Business development corporation not deemed banking institution) 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. § 17:52-25 (2026).
Text
No business development corporation shall be deemed to be a banking institution for any purpose whatsoever, nor shall any such corporation accept deposits or act in a fiduciary capacity. L.1957, c. 218, p. 763, s. 25.
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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 § 17:52-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A52-25.