N.J. Stat. § 17:14A-28: Bonding of directors, officers and employees; waiver
Where this section sits in the code
- TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
If a safe deposit company is unable to obtain the bond or bonds required by R.S. 17:14A-27, the commissioner may, in his discretion, waive the requirements of R.S. 17:14A-27 for a period of one year, upon terms as he may deem appropriate, that the company is adequately capitalized and that a waiver will not otherwise endanger the financial condition of the company.
L.1983, c. 566, s. 17:14A-28.
Collected 2026-08-27T17:54:13Z. Source file · JSON