ยง412:9-407 - Limits on transactions with affiliates, executive officers, directors or principal shareholders.
ยง412:9-407ย Limits on transactions withaffiliates, executive officers, directors or principal shareholders.ย Nodepository financial services loan company shall make any loan and extension ofcredit or engage in any transaction in violation of section 18j of the FederalDeposit Insurance Act, 12 U.S.C. ยง1828(j) or sections 22(g), 22(h), 23A or 23Bof the Federal Reserve Act, 12 U.S.C. ยงยง375a, 375b, 371c and 371c‑1. [L1993, c 350, pt of ยง1]