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131 chapters · 3,637 sections in this title.
N.J.S.A. 17:16X-1 Definitions regarding subsidiary mergers
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17:16X-1. Definitions regarding subsidiary mergers 1. For purposes of this act: "Commissioner" means the Commissioner of Banking and Insurance. "Financial institution" means a bank, savings bank or savings and loan association. "Subsidiary" means a corporation, limited liability …
N.J.S.A. 17:16X-2 Conditions of merger
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17:16X-2. Conditions of merger 2. A financial institution may merge with any one or more of its subsidiaries, so long as the financial institution is the entity that survives the merger as the continuing entity, subject to the terms and conditions set forth in this act. L.2000,c.…
N.J.S.A. 17:16X-3 Merger's legal compliance
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17:16X-3. Merger's legal compliance 3. Mergers of a financial institution and a subsidiary of a financial institution pursuant to this act shall comply with and require the commissioner's approval pursuant to the provisions of law applicable to a merger of the surviving financial…
N.J.S.A. 17:16X-4 Merger plan contents
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17:16X-4. Merger plan contents 4. The governing board of the financial institution shall adopt a plan of merger for a merger pursuant to this act between the financial institution and a subsidiary other than a financial institution setting forth: a. The name of the financial inst…
