New Jersey Administrative Code
Title 3 - BANKING
Chapter 6 - GENERAL PROVISIONS
- Subchapter 1 - DEFINITIONS
- Subchapter 2 - APPROVED DEPOSITORIES FOR INVESTMENTS COMPRISING SECURITY FUNDS
- Subchapter 3 - LIMIT ON LOANS TO AN EXECUTIVE OFFICER
- Subchapter 4 - RESERVED
- Subchapter 5 - FEDERAL FUNDS TRANSACTIONS
- Subchapter 6 - SHORT-TERM INVESTMENT OF CASH IN FIDUCIARY ACCOUNTS
- Subchapter 7 - RESERVED
- Subchapter 8 - CONVERSIONS OF SAVINGS BANK CHARTERS
- Subchapter 9 - RESERVED
- Subchapter 10 - UNSECURED DAYS FUNDS TRANSACTIONS
- Subchapter 11 - SHORT-TERM INVESTMENTS FOR TRUST CASH
- Subchapter 12 - STATE BANK AND SAVINGS BANK PARITY
- Subchapter 13 - RESERVED
- Subchapter 14 - FOREIGN BANKS
- Subchapter 15 - SAVINGS BANKS: OFFICERS AND MANAGERS PERMITTED LOANS
- Subchapter 16 - QUALIFIED BANK ACQUISITION OF UNDERWRITTEN SECURITIES
- Subchapter 17 - CONVERSIONS OF BANK CHARTERS
CHAPTER SOURCE AND
EFFECTIVE DATE:
Effective: December 1, 2021.
See: 54 N.J.R.
37(a).
CHAPTER HISTORICAL NOTE:
Chapter 6, General
Provisions, was adopted and became effective prior to September 1, 1969.
Subchapter 6, Short Term Investment of Cash in Fiduciary Accounts, was
adopted as R.1971 d.10, effective June 15, 1971. See: 2 N.J.R. 98(a), 3 N.J.R.
19(d).
Subchapter 9, Small Business Loan Interest Rate, was adopted as
R.1980 d.204, effective May 9, 1980. See: 12 N.J.R. 302(d).
Subchapter
1, Report of Ten-Year Dormant Accounts, was repealed, and Subchapter 8, Savings
Banks; Deposits, was adopted as R.1980 d.435, effective October 7, 1980. See: 12
N.J.R. 502(b), 12 N.J.R. 627(c).
Subchapter 10, Savings Banks:
Unsecured Days Funds Transactions, was adopted as R.1980 d.559, effective December
31, 1980. See: 12 N.J.R. 563(b), 13 N.J.R. 62(c).
Subchapter 11, Short
Term Investments for Trust Cash, was adopted as R.1980 d.560, effective December 31,
1980. See: 12 N.J.R. 563(c), 13 N.J.R. 62(d).
Subchapter 12, State Bank
Parity, was adopted as R.1981 d.351, effective September 10, 1981. See: 13 N.J.R.
383(c), 13 N.J.R. 552(a).
Subchapter 1, Savings Bank Parity, was
adopted as R.1981 d.352, effective September 10, 1981. See: 13 N.J.R. 383(b), 13
N.J.R. 551(b).
Subchapter 9, Small Business Loan Interest Rate, was
repealed by R.1982 d.126, effective April 19, 1982. See: 14 N.J.R. 182(a), 14 N.J.R.
383(b).
Subchapter 7, Investment Restatement Accounting, was adopted as
R.1982 d.307, effective September 7, 1982. See: 14 N.J.R. 676(a), 14 N.J.R. 988(a).
Subchapter 13, Automated Teller Machines, was adopted as R.1983 d.286,
effective July 18, 1983. See: 15 N.J.R. 190(a), 15 N.J.R. 1179(a).
Pursuant to Executive Order No. 66(1978), Subchapter 2, Approved Depositaries for
Investments Comprising Security Funds, was readopted as R.1984 d.14, effective
January 13, 1984. See: 15 N.J.R. 1974(a), 16 N.J.R. 238(a).
Pursuant to
Executive Order No. 66(1978), Subchapter 3, Executive Officer Participation in Major
Policy-Making Functions of a Bank, was readopted as R.1984 d.188, effective April
27, 1984. See: 16 N.J.R. 475(a), 16 N.J.R. 1196(a).
Subchapter 7,
Investment Restatement Accounting, was repealed and a new Subchapter 7, Loss
Deferral Accounting for Mutual Savings Banks, was adopted as R.1984 d.577, effective
December 17, 1984. See: 16 N.J.R. 2712(a), 16 N.J.R. 3427(a).
Pursuant
to Executive Order No. 66(1978), Subchapter 8, Savings Banks; Deposits, expired on
April 9, 1985.
Subchapter 15, Savings Banks: Officers and Managers
Permitted Loans, was adopted as R.1985 d.556, effective November 4, 1985. See: 17
N.J.R. 2073(b), 17 N.J.R. 2606(b).
Pursuant to Executive Order No.
66(1978), Subchapter 10, Savings Banks: Unsecured Days Funds Transactions, expired
on December 31, 1985.
Pursuant to Executive Order No. 66(1978),
Subchapter 11, Short Term Investments for Trust Cash, expired on December 31, 1985.
Subchapter 10, Savings Banks; Unsecured Days Funds Transactions, was
adopted as new rules by R.1986 d.48, effective March 3, 1986. See: 17 N.J.R.
2936(a), 18 N.J.R. 477(a).
Subchapter 11, Short-Term Investments for
Trust Cash, was adopted as new rules by R.1986 d.49, effective March 3, 1986. See:
17 N.J.R. 2937(a), 18 N.J.R. 477(b).
Subchapter 16, Qualified Bank
Acquisition of Underwritten Securities, was adopted as R.1987 d.271, effective July
6, 1987. See: 19 N.J.R. 677(b), 19 N.J.R. 1184(b).
Subchapter 9,
Capital Stock Savings Bank: Change in Control, was adopted as R.1988 d.404,
effective August 15, 1988. See: 19 N.J.R. 1762(a), 20 N.J.R. 2052(c).
Pursuant to Executive Order No. 66(1978), Chapter 6, General Provisions, was
readopted as R.1991 d.171, effective March 1, 1991, and Subchapter 7, Loss Deferral
Accounting for Mutual Savings Banks, was repealed effective April 1, 1991. See: 23
N.J.R. 147(a), 23 N.J.R. 998(a).
Subchapter 13, Automated Teller
Machines, was repealed by R.1991 d.244, effective May 6, 1991. See: 23 N.J.R.
642(a), 23 N.J.R. 1408(b).
Subchapter 8, Conversions of Savings Banks,
was adopted as R.1991 d.294, effective June 17, 1991. See: 23 N.J.R. 929(b), 23
N.J.R. 1919(b).
Subchapter 17, Conversions of Banks, was adopted as
R.1994 d.208, effective May 2, 1994. See: 26 N.J.R. 286(a), 26 N.J.R. 1827(a).
Pursuant to Executive Order No. 66(1978), Chapter 6, General
Provisions, expired on March 1, 1996.
Chapter 6, General Provisions,
was adopted as new rules by R.1996 d.244, effective May 20, 1996. See: 28 N.J.R.
1331(a), 28 N.J.R. 2544(a).
Pursuant to Executive Order No. 66(1978),
Chapter 6, General Provisions, was readopted as R.2001 d.203, effective May 20,
2001; and Subchapter 1, Savings Bank Parity, was recodified as
N.J.A.C. 3:6-12.3, Subchapter
1, Definitions, was adopted as new rules, and Subchapter 9, Capital Stock Savings
Bank: Change In Control, was repealed by R.2001 d.203, effective June 18, 2001. See:
33 N.J.R. 926(a), 33 N.J.R. 2079(c).
Chapter 6, General Provisions, was
readopted as R.2006 d.406, effective October 26, 2006. See: 38 N.J.R. 2552(a), 38
N.J.R. 5008(a).
In accordance with N.J.S.A. 52:14B-5.1b, Chapter 6,
General Provisions, was scheduled to expire on October 26, 2013. See: 43 N.J.R.
1203(a).
Chapter 6, General Provisions, was readopted as R.2014 d.079,
effective April 9, 2014. See: 46 N.J.R. 2467(a), 46 N.J.R. 759(b).
In
accordance with
N.J.S.A.
52:14B-5.1, Chapter 6, General Provisions, was
scheduled to expire on April 9, 2021. Pursuant to Executive Order Nos. 127 (2020)
and 244 (2021) and
P.L.
2021, c. 103, any chapter of
the New Jersey Administrative Code that would otherwise have expired during the
Public Health Emergency originally declared in Executive Order No. 103 (2020) is
extended through January 1, 2022. Chapter 6, General Provisions, was readopted,
effective December 1, 2021. See: Source and Effective
Date.
CHAPTER AUTHORITY:
N.J.S.A. 17:1-8, 8.1, and 15; and 17:9A-24, 24b.1, 28.2, 31, 43, 62H, 71 through 74, 183.1, 195, 256A, 333, and 334.