{"data":{"id":"us-nj/n.j.-stat.-17-16e-3","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:16E-3","heading":"Mutual directors, officers or managers of financial institutions  in same, adjacent, or contiguous municipalities;  prohibition","body":"Except as otherwise provided in section 6 of this act no person who is a director, officer or manager of a financial institution which has a principal or branch office in a particular municipality shall serve as a director, officer or manager of another financial institution which has a principal or branch office in the same municipality or in a contiguous or adjacent municipality.\nL.1975, c. 265, s. 3, eff. Jan. 1, 1976.","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":"48225b95b99615c0085836edd7155e269129ac4148873e108ad44da415925574","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-16e-2","next":"us-nj/n.j.-stat.-17-16e-4"},"notice":"GroundRules: Original legal text. Not legal advice."}