N.J. Admin. Code § 3:11-7.4
Current through Register Vol. 57, No. 1, January 6, 2025
If the bank's files or the knowledge of its officers of the financial condition of each maker of such obligations is reasonably adequate, and upon certification by an officer of the bank designated for that purpose by the board of directors of the bank that the responsibility of each maker of such obligations has been evaluated and the bank is relying primarily upon each such maker for the payment of such obligations, the limitations of N.J.S.A. 17:9A-62 as to the obligations of each such maker shall be the sole applicable loan limitation.
N.J. Admin. Code § 3:11-7.4