N.J. Stat. § 17:9A-456
Current through L. 2024, c. 87.
A commercial lending company which is licensed to establish a commercial lending office may, subject to such regulations or orders as the commissioner may prescribe, engage in representational functions at the commercial lending office for a foreign bank but shall not solicit or accept deposits or credit balances or otherwise transact business at the office on behalf of a foreign bank.
N.J.S. § 17:9A-456