{"data":{"id":"us-nj/n.j.-stat.-17-9a-211","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:9A-211","heading":"Liability secured by own stock","body":"No bank shall permit the incurring of any liability to it on the security of  shares of its own capital stock;  but a bank may take shares of its own capital  stock as security or additional security for a debt previously contracted in  good faith.\nL.1948, c. 67, p. 349, s. 211.","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":"176e050615bdfae739a4473b028a32b1ada82dc4f1105706311181ace51b71ab","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-9a-210","next":"us-nj/n.j.-stat.-17-9a-212"},"notice":"GroundRules: Original legal text. Not legal advice."}