N.J. Admin. Code § 3:36-4.1

Current through Register Vol. 57, No. 1, January 6, 2025

Section 3:36-4.1 - Reports to the Department

(a) A municipality that receives approval for a district based upon an application submitted in accordance with N.J.A.C. 3:36-2.2 shall notify the Department in writing within 20 days of a bank establishing a branch in a district in the municipality and shall specify the name of the bank and the address of such a branch.

(b) The notifications set forth in (a) above shall be submitted to: New Jersey Department of Banking and Insurance, Division of Banking, Office of Depositories, P.O. Box 040, Trenton, New Jersey 08625-0040.

(c) A municipality that is required to file any certifications with the New Jersey Department of Community Affairs, Division of Local Government Services regarding a banking development district shall simultaneously provide a copy of same to the Department.

N.J. Admin. Code § 3:36-4.1