Application of sections 118 through 124 to federal associations

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17:12B-125.1. Application of sections 118 through 124 to federal associations

Insofar as the provisions of sections 118 through 124 of this act regarding obtaining information by a member or enabling a member to communicate with other members are not inconsistent with Federal law, the provisions of sections 118 through 124 shall apply to Federal associations whose principal offices are located in this State and to the members thereof, except that the applications provided for shall be tendered to the Federal Home Loan Bank Board, Washington, D. C., in the case of a Federal association and forwarded only upon that board's certificate and direction.

L.1969, c. 271, s. 4, eff. Jan. 12, 1970.


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