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Current as of January 01, 2024 | Updated by Findlaw Staff
A foreign bank shall pay to the commissioner for the use of the State a fee, to be prescribed by the commissioner by regulation, in an amount not less than or not more than, the following minimum and maximum amounts:
|
Minimum |
Maximum |
|||
|---|---|---|---|---|
|
(1) |
For filing a copy of its certificate of incorporation or amendment thereof or other change therein |
$50.00 |
$250.00 |
|
|
(2) |
For filing a statement of its financial condition |
50.00 |
250.00 |
|
|
(3) |
For filing a power of attorney |
25.00 |
75.00 |
|
|
(4) |
For each substitution of securities pursuant to subsection B. of section 320 of P.L.1948, c. 67 (C.17:9A-320)(Deleted by amendment, P.L.2007, c. 81.) |
25.00 |
100.00 |
|
|
(5) |
For registering a back office |
500.00 |
The commissioner shall charge for the issuance of a certificate of authority or a certificate of renewal of a certificate of authority such fee as the commissioner shall prescribe by rule or regulation, not to exceed $1,500.00. The certificate shall run from the date of issuance for a term of not less than two years as set by the commissioner by regulation.
The commissioner may by rule or regulation adopted pursuant to the “Administrative Procedure Act,” P.L.1968, c. 410 (C.52:14B-1 et seq.) impose other fees and charges, including assessments and nonrefundable fees for application and examinations, on out-of-State banks establishing branch offices or agency offices in this State.
Cite this article: FindLaw.com - New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 9A-334 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-17-corporations-and-institutions-for-finance-and-insurance/nj-st-sect-17-9a-334/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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