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New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 17:9A-145: Obligation of bank to pay stockholder

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  1. TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

An offer by the bank and an acceptance thereof by the stockholder pursuant to section 140 and the determination of value upon proceedings brought pursuant to sections 141 and 142 shall constitute a debt of the receiving bank for the recovery of which an action will lie.

L.1948, c. 67, p. 288, s. 145.

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

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