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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-209: Use of capital stock or surplus

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  1. TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

A. No bank shall use any part of its capital stock or surplus paid in pursuant to its certificate of incorporation until it receives a certificate of authority pursuant to section 14.

B. No savings bank shall use any part of its capital deposits paid in pursuant to its certificate of incorporation until it receives a certificate of authority pursuant to section 14.

L.1948, c. 67, p. 348, s. 209.

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

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