{"data":{"id":"us-nj/n.j.-stat.-17-14a-54","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:14A-54","heading":"Control of safe deposit company;   \"control\"  defined","body":"As used in R.S. 17:14A-53,  \"control\"  means the possession, directly or indirectly, of the power to direct or cause the direction of the management and  policies of a safe deposit company, whether by means of the ownership of the  stock or equity interests of the safe deposit company by means of a contractual  arrangement, or otherwise.  Control shall be presumed to exist if any person or  company, directly or indirectly, owns, controls or holds with power to vote 10%  or more of the stock of the safe deposit company or of any company which owns,  controls or holds with power to vote 10% or more of the stock of the safe  deposit company, but a person shall not be deemed to control a safe deposit  company solely by reason of his being an officer or director of the safe  deposit company.\nL.1983, c. 566, s. 17:14A-54.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"7890355952b2940d6ef6d4dddca71ff7c545214a99c036c411b7bc6368d90379","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-14a-53","next":"us-nj/n.j.-stat.-17-14a-55"},"notice":"GroundRules: Original legal text. Not legal advice."}