N.J. Admin. Code § 3:11-11.12
Current through Register Vol. 56, No. 21, November 4, 2024
A bank whose existing leeway investments would not conform to the requirements of this subchapter shall not be prohibited solely for that reason from maintaining such investments and making investments to which it was legally committed to prior to July 7, 1986. However, no new leeway investments may be entered into after July 7, 1986 other than in compliance with this subchapter.
N.J. Admin. Code § 3:11-11.12