State Codes and Statutes
Statutes > New-jersey > Title-17 > Section-17-52 > 17-52-2117:52-21. 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.