New Jersey § 17:9a-253
Full text of New Jersey New Jersey Statutes § 17:9a-253, with citation guidance and answers to common questions.
§ 17:9a-253.
A. The board of directors of every bank shall cause examinations of the affairs of
the bank to be made from time to time by or under the supervision of a person who
is not a director, officer or employee of the bank, and who is a public accountant,
or such other person whose qualifications for making such examination have been approved
by the commissioner. The scope of such examinations shall be determined by regulations of the commissioner
or, in the absence of such regulations, by the board of directors of the bank. No person who is an officer or employee of the bank, and no person who, within a
period of 13 months preceding the commencement of an examination made pursuant to
this section was an officer or employee of the bank, shall participate in the making
of any examination required by this section. B. An examination pursuant to subsection A of this section shall be made at least
once in each calendar year and shall be commenced not less than 6 months and not more
than 15 months following the commencement of the next preceding examination made pursuant
to subsection A of this section, but no such examination shall be commenced at any
time when an examination pursuant to section 260 1 is being made. C. The board of directors of a bank may, whenever it shall deem it advisable, cause
examinations of the affairs of the bank to be made other than as required by this
section. 1
N.J.S.A. § 17:9A-260.
Frequently Asked Questions About New Jersey § 17:9a-253
What does New Jersey Statutes § 17:9a-253 cover?
Section 17:9a-253 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-253?
A common citation format is "New Jersey Statutes § 17:9a-253" (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-253 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.