Purpose.

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§412:1-101 Purpose. This chapter shall be liberally construed and applied to promote its underlying purposes and policies, which are as follows:

(1) To simplify, clarify, and modernize the laws concerning the regulation, organization, management, and activities of financial institutions in this State; and

(2) To provide a comprehensive set of laws applicable to financial institutions. [L 1993, c 350, pt of §1]


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