{"data":{"id":"us-nj/n.j.-stat.-17-9a-213.1","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:9A-213.1","heading":"Limitation on powers of banks, savings banks.","body":"213.1.  Except as in this act or otherwise by law provided, and except for letters of credit issued pursuant to N.J.S.12A:5-101 et seq., no bank or savings bank shall have power to guarantee the obligations of others; or to insure or indemnify against the acts, omissions, undertakings, liabilities or losses of others.\nL.1948,c.67,s.213.1;  amended 1997, c.395, s.11.","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":"860e9e85d05fc2282dbb367fd6c38c5d4cecf95c58d90e4d4c049cdc94fca8dc","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-9a-213","next":"us-nj/n.j.-stat.-17-9a-213.2"},"notice":"GroundRules: Original legal text. Not legal advice."}