New Jersey § 17:12b-280
Full text of New Jersey New Jersey Statutes § 17:12b-280, with citation guidance and answers to common questions.
§ 17:12b-280.
a. Notwithstanding the provisions of any law of this State, an insured institution
or savings and loan holding company located in this State may acquire an insured institution
or savings and loan holding company located in any eligible state other than this
State. b. Nothing in this act or in any other law of this State shall be deemed to prohibit
or limit an insured institution or savings and loan holding company located in this
State from acquiring an insured institution or savings and loan holding company or
insured institutions or savings and loan holding companies located in any jurisdiction
other than an eligible state, which acquisition is otherwise permitted by applicable
law of the United States or any other state, provided that, if the insured institution
or savings and loan holding company becomes an insured institution or savings and
loan holding company not located in this State, it shall comply with the provisions
of this act if it is to continue to control an insured institution or savings and
loan holding company or insured institutions or savings and loan holding companies
located in this State.
Frequently Asked Questions About New Jersey § 17:12b-280
What does New Jersey Statutes § 17:12b-280 cover?
Section 17:12b-280 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-280?
A common citation format is "New Jersey Statutes § 17:12b-280" (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-280 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.