{"data":{"id":"us-nj/n.j.-stat.-17-1-27","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:1-27","heading":"Prohibited actions.","body":"3.\tNo bank, savings bank, State association, or any officer, director, employee, or major shareholder thereof, shall:\na.\tFail to comply with an order or other written instruction of the commissioner or any other financial regulatory agency;\nb.\tViolate a State or federal law;\nc.\tTake any action, or fail to take an action, with the result that a material interest of the covered institution is adversely affected;\nd.\tBe convicted of a crime that would permit adverse action by a governmental agency pursuant to P.L.1968, c.282 (C. 2A:168A-1 et seq.);\ne.\tProvide incorrect, misleading, incomplete or untrue material information about the covered institution to the commissioner or any federal financial regulatory agency;\nf.\tWithhold material information from the commissioner or any federal financial regulatory authority about the covered institution; or\ng.\tTake an action, or fail to take an action, the result of which poses a substantial risk to the safety and soundness of the covered institution or may cause substantial damage to its reputation.\nL.2005,c.195,s.3.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"8c28b52b57e3480660e4dba7d5efb0298f850dd012c25815179c512b05e97b50","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-1-26","next":"us-nj/n.j.-stat.-17-1-28"},"notice":"GroundRules: Original legal text. Not legal advice."}