GroundRules
← Search the law
New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 17:16X-1: Definitions regarding subsidiary mergers

Read at publisher ↗
Where this section sits in the code
  1. TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

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 company, partnership or other entity in which a financial institution owns not less than 80% of that entity's equity.

L.2000,c.70,s.1.

Collected 2026-08-27T17:54:13Z. Source file · JSON

Browse this collection