N.J. Stat. § 17:9A-24.13: Regulations

The commissioner may make, amend and repeal regulations prescribing the amount, location, required collateral or purpose of any investment made in accordance with this act as the commissioner may from time to time deem advisable to foster safe and sound banking practices in this State and to promote the public interest. No regulations shall be deemed to expand the powers granted to banks or savings banks in this act.

L. 1985, c. 168, s. 2, eff. May 17, 1985.