Insurance required for charter

N.J.S.A. 17:12B-288, under Chapter 12B.

N.J.S.A. 17:12B-288

17:12B-288. Insurance required for charter

No state association shall be granted a charter by the commissioner on or after the effective date of this act, unless the state association has obtained a commitment for insurance of its accounts by the Federal Savings and Loan Insurance Corporation. L. 1987, c. 225, s. 8.