New Jersey Administrative Code
Title 3 - BANKING
Chapter 42 - PINELANDS DEVELOPMENT CREDIT BANK
Subchapter 4 - REGISTRY OF PINELANDS DEVELOPMENT CREDITS
Section 3:42-4.1 - Registry

Universal Citation: NJ Admin Code 3:42-4.1

Current through Register Vol. 56, No. 18, September 16, 2024

(a) The Executive Director shall maintain a registry of Pinelands Development Credits, the purpose of which shall be to organize information on the following:

1. The issuance of Pinelands Development Credit Certificates;

2. The sale, transfer, conveyance, or encumbrance of Pinelands Development Credits;

3. The use of Pinelands Development Credits as security on loans and other obligations; and

4. The redemption and retirement of Pinelands Development Credits.

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