GroundRules
← Search the law
New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 17:52-21: Loans prohibited

Read at publisher ↗
Where this section sits in the code
  1. TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

No business development corporation shall make a loan to any of its officers or directors, or to any partnership of which such an officer or director is a member, or to any corporation in which any such officer or director has a controlling interest.

L.1957, c. 218, p. 761, s. 21.

Collected 2026-08-27T17:54:13Z. Source file · JSON

Browse this collection