New Jersey Statutes

§ 17:9A-449 — Assets kept separate, apart; priority of creditors

New Jersey § 17:9A-449
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:9A-449 (Assets kept separate, apart; priority of creditors) 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. § 17:9A-449 (2026).

Text

68.
a.Each foreign bank which is licensed to transact business in this State shall keep the assets of that business separate and apart from the assets of its business outside this State.
b.The creditors of the business in this State of a foreign bank which is licensed to transact business in this State shall be entitled to priority over other creditors with respect to the assets of the foreign banks's business in this State. L.1996,c.17,s.68.

Free access — add to your briefcase to read the full text and ask questions with AI

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New Jersey § 17:9A-449, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A9A-449.