N.J. Admin. Code § 3:1-2.6

Current through Register Vol. 56, No. 19, October 7, 2024

Section 3:1-2.6 - Branch applications; notice and publication

(a) When a branch application is accepted, the Department shall send notice to the applicant and shall also post notice of the acceptance on the Department's website at www.state.nj.us/dobi. The Department shall also advise, in writing, the New Jersey Bankers Association, or its successor organization, if any, of the acceptance of the application. Each notice shall contain the following:

1. The name and mailing address of the applicant;

2. A brief statement of the nature of the application;

3. The precise location of the site involved in the particular application;

4. The date the Department accepted the application; and

5. The publication of notice shall also include the following statement:

"An individual, bank, savings bank or savings and loan association may object to any full branch or relocation application, and may request that an oral presentation be conducted. All such requests must be in writing and filed within 10 calendar days of the date of the Department's publication of notice of the accepted application on its website at http://www.njdobi.org. Individuals or financial institutions interested in perfecting an objection or request for oral presentation should immediately consult the Department's procedural rules for guidance."

(b) The notice prescribed by (a) above shall be published on the Department's website.

N.J. Admin. Code § 3:1-2.6

Amended by 47 N.J.R. 709(a), effective 4/6/2015.