New Jersey § 17:9a-268
Full text of New Jersey New Jersey Statutes § 17:9a-268, with citation guidance and answers to common questions.
§ 17:9a-268.
A bank , or out-of-State bank with a branch in this State, which continues to violate the provisions of its certificate of incorporation or
which continues to conduct its business in violation of any law of this State , or another state where it is transacting business, or in an unsafe manner, after having been ordered by the commissioner to cease such
practices, shall be liable to a penalty of $1,000 to be recovered with costs by the State in any court of competent jurisdiction in
a civil action prosecuted by the Attorney General, and it shall be liable to a like
penalty for each day's additional default from and after the time specified in the
order. The penalty provided by this section shall be in addition to and not in lieu of
any other provision of law applicable upon a bank's or out-of-State bank's failure to comply with an order of the commissioner.
Frequently Asked Questions About New Jersey § 17:9a-268
What does New Jersey Statutes § 17:9a-268 cover?
Section 17:9a-268 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-268?
A common citation format is "New Jersey Statutes § 17:9a-268" (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-268 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.