As prescribed in N.J.S.A. 17:9A-26(7), a savings bank may make commercial loans in an aggregate amount that may not exceed 10 percent of the savings bank's total assets without the Commissioner's approval.
N.J. Admin. Code § 3:11-12.2
As prescribed in N.J.S.A. 17:9A-26(7), a savings bank may make commercial loans in an aggregate amount that may not exceed 10 percent of the savings bank's total assets without the Commissioner's approval.
N.J. Admin. Code § 3:11-12.2