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New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 9A-73

Current as of January 01, 2024 | Updated by Findlaw Staff

No bank shall permit a director, executive or other officer or employee of the bank or a corporation, or a partnership, to become liable to the bank by overdraft against a deposit account. This section shall not apply to extensions of credit made pursuant to “The Advance Loan Law of 1968,” P.L.1968, c. 64.  1

1 N.J.S.A. §§ 17:9A-59.1 to 17:9A-59.17.
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Cite this article: FindLaw.com - New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 9A-73 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-17-corporations-and-institutions-for-finance-and-insurance/nj-st-sect-17-9a-73/

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