State Codes and Statutes

Statutes > New-jersey > Title-17 > Section-17-52 > 17-52-21

17:52-21.  Loans prohibited
    No business development corporation shall make a loan to any of its officers  or directors, or to any partnership of which such an officer or director is a  member, or to any corporation in which any such officer or director has a  controlling interest.

     L.1957, c. 218, p. 761, s. 21.
 

State Codes and Statutes

Statutes > New-jersey > Title-17 > Section-17-52 > 17-52-21

17:52-21.  Loans prohibited
    No business development corporation shall make a loan to any of its officers  or directors, or to any partnership of which such an officer or director is a  member, or to any corporation in which any such officer or director has a  controlling interest.

     L.1957, c. 218, p. 761, s. 21.
 

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-17 > Section-17-52 > 17-52-21

17:52-21.  Loans prohibited
    No business development corporation shall make a loan to any of its officers  or directors, or to any partnership of which such an officer or director is a  member, or to any corporation in which any such officer or director has a  controlling interest.

     L.1957, c. 218, p. 761, s. 21.