New Jersey Statutes
§ 17:9A-459 Granting of right to operate as commercial lending company
New Jersey § 17:9A-459 Granting of right to operate as commercial lending company
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
This text of New Jersey § 17:9A-459 Granting of right to operate as commercial lending company 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-459 Granting of right to operate as commercial lending company (2026).
Text
78.The commissioner shall have the power to grant to any organization which is organized under the laws of this State, including but not limited to a corporation, limited partnership, limited liability company, joint venture or partnership, the right to operate as a commercial lending company if the commercial lending company: will be licensed under sections 72 through 77 of P.L.1996, c.17 (C.17:9A-453 through C.17:9A-458); is a subsidiary of a foreign bank; and agrees in its certificate of incorporation or organization or similar document to limit its activities to those permitted to a commercial lending company under sections 37 through 86 of P.L.1996, c.17 (C.17:9A-418 through C.17:9A-467) and Regulation K promulgated by the Federal Reserve, 12 CFR 211 et seq. Any such grant shall be i
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Nearby Sections
15
§ 17:9A-1
Definitions§ 17:9A-100
Liability of stockholders§ 17:9A-101
Directors; number; method of determination§ 17:9A-103
Directors; stock ownership, oath§ 17:9A-104
Directors; disqualification§ 17:9A-105
Directors; quorum; actions§ 17:9A-106
Directors; compensation§ 17:9A-107
Chairman of board of directors§ 17:9A-108
Directors; executive committee§ 17:9A-109
Directors; qualified bank; trust committee§ 17:9A-110
Directors; other committees§ 17:9A-111
Officers; election; appointment; limitationCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 17:9A-459 Granting of right to operate as commercial lending company, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A9A-459%20Granting%20of%20right%20to%20operate%20as%20commercial%20lending%20company.