New Jersey Administrative Code
Title 3 - BANKING
Chapter 21 - CREDIT UNIONS
CHAPTER SOURCE AND
EFFECTIVE DATE:
Effective: November 30, 2021.
See: 54
N.J.R. 137(b).
CHAPTER HISTORICAL NOTE:
Chapter 21, Credit
Unions, became effective with Subchapter 1, Implementation of the Credit Union Law,
adopted as R.1979 d.54, effective February 8, 1979. See: 10 N.J.R. 527(c), 11 N.J.R.
117(c). Section 3:21-1.8, Loan interest rate, was adopted as R.1980 d.207, effective
May 12, 1980. See: 12 N.J.R. 303(a). Section 3:21-1.8 was amended by R.1981 d.12,
effective January 13, 1981. See: 13 N.J.R. 62(e).
Subchapter 2, Credit
Union Parity, was adopted as R.1981 d.414, effective November 2, 1981. See: 13
N.J.R. 552(b), 13 N.J.R. 754(b).
Pursuant to Executive Order No.
66(1978), Subchapter 1, Implementation of the Credit Union Law, expired on February
8, 1984, and Subchapter 2, Credit Union Parity, expired on November 2, 1986.
A new Chapter 21, Credit Unions, became effective with Subchapter 2,
Credit Union Parity, adopted as R.1987 d.93, effective February 2, 1987. See: 18
N.J.R. 2237(a), 19 N.J.R. 289(b).
Pursuant to Executive Order No.
66(1978), Chapter 21, Credit Unions, was readopted as R.1992 d.92, effective January
24, 1992. See: 23 N.J.R. 3686(b), 24 N.J.R. 580(b).
Subchapter 1,
Low-Income Credit Unions, was adopted as R.1992 d.74, effective February 18, 1992.
See: 23 N.J.R. 2905(a), 23 N.J.R. 3196(a), 24 N.J.R. 3(a), 24 N.J.R. 580(c).
Pursuant to Executive Order No. 66(1978), Chapter 21, Credit Unions,
was readopted as R.1997 d.83, effective January 24, 1997. See: 28 N.J.R. 5123(a), 29
N.J.R. 548(a).
Subchapter 3, Branching by a State Chartered Credit
Union, was adopted as R.2000 d.169, effective April 17, 2000. See: 32 N.J.R.
1375(a).
Chapter 21, Credit Unions, was readopted as R.2002 d.209,
effective June 10, 2002. As a part of R.2002 d.209, Subchapter 4, Credit Union
Mergers, was adopted as new rules, effective July 1, 2002. See: 34 N.J.R. 816(a), 34
N.J.R. 2311(a).
Chapter 21, Credit Unions, was readopted as R.2007
d.299, effective August 23, 2007. See: 39 N.J.R. 1549(a), 39 N.J.R. 4112(a).
Subchapter 5, Communications From the Department of Banking and
Insurance, was adopted as new rules by R.2008 d.178, effective July 7, 2008. See: 40
N.J.R. 1399(a), 40 N.J.R. 3989(a).
In accordance with N.J.S.A.
52:14B-5.1b, Chapter 21, Credit Unions, was scheduled to expire on August 23, 2014.
See: 43 N.J.R. 1203(a).
Chapter 21, Credit Unions, was readopted as
R.2015 d.019, effective December 23, 2014. See: 46 N.J.R. 1505(a), 47 N.J.R. 273(a).
Chapter 21, Credit Unions, was readopted with technical changes,
effective November 30, 2021. See: Source and Effective Date. See, also, section
annotations.
CHAPTER AUTHORITY:
N.J.S.A. 17:1-8.1 and 15.e, 17:1C-33 et seq., and 17:13-79 et seq.