DEPARTMENT OF BANKING AND INSURANCE
DIVISION OF BANKING
Readoption: N.J.A.C. 3:29
Proposed: November 19, 2001 at 33 N.J.R. 3793(a)
Adopted: March 14, 2002 by Holly C. Bakke, Commissioner,
Department of Banking and Insurance
Filed: March 14, 2002 as R.2002 d.110, without change
Authority: N.J.S.A.17:1-8.1, 17:1-15(e) and 17:12B-176
Effective Date: March 14, 2002
Expiration Date: March 14, 2007
Summary of Public Comment and Agency Response:
The Department of Banking and Insurance ("Department") received one written comment from the New Jersey League - Community and Savings Bankers.
COMMENT: The commenter supported the readoption.
RESPONSE: The Department notes and appreciates the support for the readoption.
Federal Standards Statement
The readopted rules do not contain standards or requirements that exceed standards or requirements imposed by Federal law. Relevant Federal standards that are equaled but not exceeded are set forth at 12 C.F.R. 562.4.
Full text of the readoption can be found in the New Jersey Administrative Code at N.J.A.C. 3:29.