New Jersey § 17:12b-10
Full text of New Jersey New Jersey Statutes § 17:12b-10, with citation guidance and answers to common questions.
§ 17:12b-10.
“ Per capita assets ” shall mean the total savings and loan assets divided by the population. (a) Per capita assets for the State shall be the total assets of the associations
having their principal offices in the State as of the last preceding December 31,
divided by the population of the State. (b) Per capita assets for a county shall be the total assets of the associations and
their branch offices operating within such county as of the last preceding December
31, divided by the population of the county. (c) Per capita assets for a municipality shall be the total assets of the associations
and their branch offices operating within such municipality as of the last preceding
December 31, divided by the population of the municipality. (d) Where an association maintains offices in more than one municipality, the per
capita assets of such association for the municipality in which there is a branch
office application pending shall be computed by taking that percentage of the total
assets of the association as the total savings account balances actually held in the
office or offices physically located within such municipality bear to the total savings
account balances held by the association. In all cases, assets and savings account balances shall be taken as of the last
preceding December 31.
Frequently Asked Questions About New Jersey § 17:12b-10
What does New Jersey Statutes § 17:12b-10 cover?
Section 17:12b-10 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 § 17:12b-10?
A common citation format is "New Jersey Statutes § 17:12b-10" (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 § 17:12b-10 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.