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2020 New Jersey Revised Statutes
Title 17 - Corporations and Institutions for Finance and Insurance
Section 17:52-25 - Business development corporation not deemed banking institution
Universal Citation: NJ Rev Stat § 17:52-25 (2020)
17:52-25. Business development corporation not deemed banking institution
No business development corporation shall be deemed to be a banking institution for any purpose whatsoever, nor shall any such corporation accept deposits or act in a fiduciary capacity.
L.1957, c. 218, p. 763, s. 25.
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