N.J. Admin. Code § 3:11-11.10

Current through Register Vol. 56, No. 17, September 3, 2024

Section 3:11-11.10 - Criteria for approval

In determining whether to approve or deny any application for prior approval under this subchapter, the Commissioner shall consider the financial and managerial resources and future prospects of the bank and the investment involved, including the financial capability of the bank to make the proposed investment under this subchapter, conflicts of interest, unsafe and unsound banking practices and any other matter the Commissioner deems to be in the public interest.