N.J. Admin. Code § 3:6-16.3
Current through Register Vol. 57, No. 1, January 6, 2025
A qualified bank shall not retain or purchase for its trust accounts or retain or sell to any of its affiliate banks for their trust accounts, securities which in the aggregate will exceed a total of more than 50 percent of an issue of securities regarding which it or any affiliate bank is an issuer.
N.J. Admin. Code § 3:6-16.3