New Jersey § 17:9a-27
Full text of New Jersey New Jersey Statutes § 17:9a-27, with citation guidance and answers to common questions.
§ 17:9a-27.
A. The authority by this act granted to exercise the powers specified in paragraphs
(6), (7), and (8) of section 24, 1 paragraph (12) of section 25, 2 and paragraphs (4) and (5) of section 26, 3 shall not exempt a bank or savings bank from any of the provisions of this act, 4 except when the application of any provision of this act would prevent the exercise
of such powers, and then only to the extent necessary to enable such bank or savings
bank to comply with the conditions imposed by federal legislation or rules and regulations
lawfully promulgated thereunder for the exercise of such powers. If any benefit or privilege made available to a bank or savings bank by paragraphs
(6), (7) and (8) of section 24, paragraph (12) of section 25, and paragraphs (4) and
(5) of section 26 is restricted or prohibited because of one or more limitations contained
in this act or in any law prescribing or limiting interest rates, or in any other
law of this State, such limitations shall be inapplicable to the extent necessary
to permit the full exercise of such benefit or privilege. B. In order to facilitate the qualification of a bank or savings bank to exercise
the powers specified in paragraphs (6), (7) and (8) of section 24, paragraph (12)
of section 25, and paragraphs (4) and (5) of section 26, the commissioner may disclose
to any federal corporation or authority charged with the duty of determining such
qualifications, such information as he may have in reference to the business and affairs
of such bank or savings bank. 1
N.J.S.A. § 17:9A-24. 2
N.J.S.A. § 17:9A-25. 3
N.J.S.A. § 17:9A-26. 4
N.J.S.A. §§ 17:9A-1 to 17:9A-343.
Frequently Asked Questions About New Jersey § 17:9a-27
What does New Jersey Statutes § 17:9a-27 cover?
Section 17:9a-27 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 17:9a-27?
A common citation format is "New Jersey Statutes § 17:9a-27" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 17:9a-27 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.