This document, part of the New Jersey Administrative Code, governs savings account promotions conducted by financial institutions. It defines various terms such as ‘Commissioner’ referring to the Commissioner of the New Jersey Department of Banking and Insurance, ‘Department’ referring to the New Jersey Department of Banking and Insurance, ‘Eligible individual’ referring to a natural person who meets certain criteria, and ‘Financial institution’ referring to a New Jersey chartered bank, savings bank, savings and loan association, or credit union.

The provided legal document content covers various aspects of the regulation and operation of depository institutions, stock option plans for banks, reporting requirements for banks and out-of-State banks, and activities of foreign banks and agents of foreign banks in New Jersey. The capital requirements for depository institutions include maintaining a minimum ratio of Tier 1 capital to total assets and qualifying capital to risk-weighted assets. The Commissioner has the authority to establish higher minimum ratios based on various factors.

The provided legal document content pertains to the Pinelands Development Credit Bank and its operations. It establishes the rules and procedures for the sale, transfer, conveyance, encumbrance, and use of Pinelands Development Credits authorized and allocated under the Pinelands Comprehensive Management Plan. The document outlines the roles and responsibilities of the Board of Directors and the Executive Director of the bank. It also defines key entities and terms associated with the bank.

This subchapter of the New Jersey Administrative Code governs the funding mechanism for the Division of Banking in the Department of Banking and Insurance in New Jersey. It applies to depository institutions and other financial entities regulated by the Division of Banking, including banks, credit unions, mortgage lenders, consumer finance licensees, check cashers, money transmitters, pawnbrokers, home repair contractors, motor vehicle installment sellers, debt adjusters, high-cost home loan counselors, and foreclosure consultants.

The provided legal document content pertains to the limit on loans to an executive officer in banks. The document states that the maximum loan limitation prescribed in N.J.S.A. 17:9A-72B(2) is increased to an aggregate amount not to exceed at any one time 2.5 percent of the capital funds of the bank, or $25,000, whichever is greater, but not exceeding $100,000. The document also mentions that loans to finance the education of an executive officer’s children are excluded from these limitations.

The provided legal document content covers various aspects related to banking activities in the state of New Jersey. It includes definitions for terms used in the New Jersey Administrative Code related to banking, such as ‘bank,’ ‘banking institution,’ ‘capital funds,’ ‘capital stock association,’ ‘capital stock savings bank,’ ‘de novo branch,’ ’executive officer,’ ‘foreign bank,’ ‘insured depository institution,’ ‘issuer,’ ‘mutual association,’ ‘qualified bank,’ ‘savings bank,’ ‘state association,’ and ’trust account.’ The documents also pertain to the approved depositories for investments comprising security funds, the limit on loans to an executive officer in banks, the general provisions of banking in New Jersey, the sales of Federal funds by State member banks, State nonmember banks, and savings banks, the conversion of savings bank charters, unsecured days funds transactions, the investment of cash held for fiduciary accounts, the parity between state banks and savings banks with federal and out-of-state institutions, the biennial fee for foreign banks operating in New Jersey, the liability of officers, managers, and their families and affiliates in savings banks, the qualified banks acquiring underwritten securities for their trust accounts, and the conversion of a bank to a capital stock savings bank in New Jersey.

The provided legal document content includes provisions from the New Jersey Administrative Code section on Safe and Sound Methods of Banking. It governs the required fidelity coverage of counsel for banks, savings banks, and State associations in New Jersey. When banks or associations permit counsel to handle funds, they must obtain an endorsement rider to their fidelity bond or a letter from their insurance company certifying coverage for attorneys and their employees involved in such transactions.

This legal document governs the approval of reserve depositaries for banks not members of the Federal Reserve System. It applies to banks and national banking associations with offices in New Jersey that have total assets in excess of $100 million, as well as banks and national banking associations with no offices in New Jersey but with offices within the second and third Federal Reserve Districts, and that have total assets in excess of $300 million.

Each casino licensee or applicant shall, pursuant to 5:12-99 , maintain a description of its internal procedures and administrative and accounting controls concerning compliance with the requirements of 5:12-92 and 104b.

This legal document governs the taxation of various types of gross revenue in New Jersey. It imposes an annual tax of 8% on gross revenue, as defined in section 24 of the Act. Additionally, it imposes an annual tax of 15% on gross revenue from Internet gaming, as defined in section 28.2 of the Act. Gross revenue from casino sports pool operations, including mobile operations, is subject to an 8.5% annual tax, with an additional 1.