New Jersey § 17:9a-417

§ 17:9a-417.

In order to carry out the purposes of sections 28 through 36 of P.L.1996, c. 17 ( C. 17:9A-409 through C. 17:9A-417 ) the commissioner may: a. Adopt regulations pursuant to the “Administrative Procedure Act,” P.L.1968, c.

410 ( C. 52:14B-1 et seq. ); b. Enter into cooperative, coordinating or information-sharing agreements with any

other bank supervisory agency or any organization affiliated with or representing

one or more bank supervisory agencies; c. Accept any report of examination or investigation by another bank supervisory agency

having concurrent jurisdiction over a New Jersey bank holding company or any New Jersey

bank in lieu of conducting the commissioner's own examination or investigation of

that bank holding company or bank; d. Enter into joint examinations or joint enforcement actions with any other bank

supervisory agency having concurrent jurisdiction over any New Jersey bank holding

company or New Jersey bank; provided, however, that the commissioner may take any

such action independently if the commissioner determines that the action is necessary

or appropriate to carry out the commissioner's responsibilities under sections 28

through 36 of P.L.1996, c. 17 ( C. 17:9A-409 through C. 17:9A-417 ) and to ensure compliance with the laws of this State; and e. May assess supervisory and examination fees that shall be payable by New Jersey

banks and New Jersey bank holding companies in connection with the commissioner's

performance of the commissioner's duties under sections 28 through 36 of P.L.1996, c. 17 ( C. 17:9A-409 through C. 17:9A-417 ) and in accordance with regulations adopted by the commissioner. These fees may be shared with other bank supervisory agencies or any organizations

affiliated with or representing one or more bank supervisory agencies in accordance

with agreements between them and the commissioner.