New Jersey § 17:9A-266 Definitions

New Jersey Statutes

§ 17:9A-266 — Definitions

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

For the purposes of this article:

(1)"Bank" shall mean a bank or savings bank;

(2)"Board of directors" shall include the board of directors of a bank, and the board of managers of a savings bank;

(3)"Director" shall include a director of a bank and a manager of a savings bank;

(4)"Assets" or "property" shall include property held in fiduciary capacities; and (5) The "business" of a bank shall include its fiduciary relationships. L.1948, c.67,s.266; amended 1976,c.6,s.1.

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For the purposes of this article: (1) "Bank" shall mean a bank or savings bank; (2) "Board of directors" shall include the board of directors of a bank, and the board of managers of a savings bank; (3) "Director" shall include a director of a bank and a manager of a savings bank; (4) "Assets" or "property" shall include property held in fiduciary capacities; and (5) The "business" of a bank shall include its fiduciary relationships. L.1948, c.67,s.266; amended 1976,c.6,s.1.

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