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131 chapters · 3,637 sections in this title.
N.J.S.A. 17:16M-1 Definitions
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17:16M-1. Definitions As used in this act: "Capital stock association" shall have the meaning ascribed to it in section 15 of P.L.1974, c.137 (C.17:12B-244). "Capital stock savings bank" shall have the meaning ascribed to it in section 1 of P.L.1982, c.9 (C.17:9A-8.1). "Commissio…
N.J.S.A. 17:16M-2 Conversion of mutual association to mutual savings bank; capital stock association to capital stock savings bank
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17:16M-2. Conversion of mutual association to mutual savings bank; capital stock association to capital stock savings bank Any mutual association may apply to the commissioner to convert itself to a mutual savings bank by organizing and transferring its assets and liabilities to …
N.J.S.A. 17:16M-3 Application for conversion to savings bank
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17:16M-3. Application for conversion to savings bank An application by a State association to convert to a savings bank shall contain the following: a. Duplicate copies of the minutes of the proceedings of the meeting of the members or stockholders, verified by the affidavit of t…
N.J.S.A. 17:16M-4 Approval of conversion by commissioner
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17:16M-4. Approval of conversion by commissioner The commissioner shall not approve an application of a State association to convert to a savings bank unless the commissioner finds, after appropriate investigation, and a public hearing if deemed by the commissioner to be necessar…
