New Jersey Statutes 41:2-3. Oaths administered by notaries public in financial institution matters
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Terms Used In New Jersey Statutes 41:2-3
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- 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
41:2-3. Oaths administered by notaries public in financial institution matters.
a. A notary public who is a stockholder, director, officer, employee or agent of a financial institution or other corporation may administer an oath to any other stockholder, director, officer, employee or agent of the corporation.
b. A notary public employed by a financial institution may follow directions or policies of the employer which provide that during the hours of the notary public’s employment by the financial institution the notary public shall not administer oaths except in the course of the business of the employer.
As used in this section, “financial institution” means a State or federally chartered bank, savings bank, savings and loan association or credit union.
Amended 1997, c.340.