New Jersey Statutes 17:12B-24.2. Powers of out-of-State, State association
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Terms Used In New Jersey Statutes 17:12B-24.2
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
93. a. An out-of-State association that opens, occupies or maintains a branch office in this State shall have in this State only the powers a State association has in this State.
b. A State association that owns, occupies or maintains a branch office outside this State shall have in that state such additional powers as permitted to associations chartered in the state in which the branch is located.
L.1996,c.17,s.93.