New Jersey Administrative Code
Title 3 - BANKING
Chapter 36 - BANKING DEVELOPMENT DISTRICTS
Subchapter 1 - GENERAL PROVISIONS
Section 3:36-1.2 - Definitions

Universal Citation: NJ Admin Code 3:36-1.2
Current through Register Vol. 56, No. 18, September 16, 2024

The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise.

"Bank" means a State or Federally chartered bank, savings bank, savings and loan association, or credit union doing business in the State.

"Banking services" means deposit taking, check cashing, sale of money orders, and origination of residential or commercial mortgages, consumer loans, and commercial loans.

"Commissioner" means the Commissioner of the New Jersey Department of Banking and Insurance.

"Complete application" means an application that has been received by the Department and contains all necessary information required for the Department to complete its review of the application, and which the Department has acknowledged, in writing, is ready for review.

"Department" means the New Jersey Department of Banking and Insurance.

"District" means a banking development district approved under this chapter.

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